Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

New Zealand Stock Exchange Halts Most Trading Until Tuesday

Published 12/15/2019, 11:38 PM
Updated 12/16/2019, 01:08 AM
© Reuters.  New Zealand Stock Exchange Halts Most Trading Until Tuesday

(Bloomberg) -- New Zealand stock exchange operator NZX halted all trading and said most platforms won’t resume until Tuesday’s open after traders experienced connectivity issues.

“Following today’s network connectivity issue and consultation with cash market trading participants, NZX has determined not to reopen the cash markets for trading today,” the company said Monday afternoon in Wellington. “The cash markets will open to a normal trading timetable tomorrow.”

NZX halted trading on its main board and debt markets at about 4:10 p.m. local time today -- 50 minutes before the scheduled close -- citing connectivity issues. It said its vendor has identified the root cause of the problem but didn’t give any further details.

NZX’s derivatives market was also shut but may reopen later Monday.

(Updates with re-opening planned for Tuesday)

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.