Market

From BSE to Tokyo Stock Exchange, here’s a history of trading outages

By Administrator_India

Capital Sands

Trading stoppages are a common occurrence not just in India, but globally as well. Often the causes are software glitches, hardware failures, and internet connectivity problems. We look at some of the important instances.

July 3, 2014: BSE halts trading for three hours due to network outage

July 4, 2017: A Nasdaq glitch shows prices of major tech stocks, including Alphabet as $123 per share—86 percent below the actual value

July 11, 2017: Trading halted on NSE for three hours as quotation stopped updating

April 25, 2018: The New York Stock Exchange (NYSE) suspends trading in five stocks, including Amazon and Alphabet, after a technical glitch affected trading symbols

August 16, 2019: London Stock Exchange (LSE) suffers software issue that postpones the opening of a trade by nearly two hours

September 24, 2019: Connectivity issue with internet service provider resulted in trade outage 15 minutes ahead of the close on the NSE, impacting several participants with open positions

June 04, 2020: Erroneous price feeds for certain F&O contracts disrupts trading on NSE

July 1, 2020: Three-hour outage at Europe’s Deutsche Boerse due to problem with a third-party software

October 1, 2020: Trading halted for the entire day due to hardware failure at the Tokyo Stock Exchange

November 16, 2020: Software issue halts trading for 20 minutes at Australian Securities Exchange (ASX)

Related posts
Market

Nikkei Closes Above 33,000 For The First Time In 33 Years

Japan’s benchmark Nikkei gauge surged on Tuesday, closing over 33,000 for the first time in 33…
Read more
Market

Carlsberg Expects Lower Beer Consumption To Hit 2023 Growth

Danish brewer Carlsberg (OTC:CABGY) on Tuesday forecast organic operating profit growth in 2023…
Read more
Market

Flavour Maker Givaudan Beats Earnings Forecasts in a Tough Year

Swiss fragrance and flavour maker Givaudan on Wednesday reported better-than-expected earnings for a…
Read more
Newsletter
Become a Trendsetter
Sign up for Davenport’s Daily Digest and get the best of Davenport, tailored for you. [mc4wp_form id="729"]

Leave a Reply

Your email address will not be published. Required fields are marked *