17 January 2018
visit www.ebaday.com

ASX shut down by hardware failure

19 September 2016  |  5652 views  |  0 Autrialian flag

The Australian Stock Exchange was forced to close early on Monday following a day of problems caused by a hardware failure in a database used by the bourse's equities trading system.

Monday's opening was delayed by more than hour by the failure in the ASX Trade database, with a series of knock-on consequences affecting trading throughout the day until decision was made to shut up shop an hour and a half early.

In a statement, the exchange says that the platform will be "available as normal" on Tuesday.

ASX says that it kept frustrated market participants updated throughout the day via the trading platform, email and social media and will offer a detailed incident report once an investigation is completed.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

ASX lifts stake in Digital Asset Holdings

ASX lifts stake in Digital Asset Holdings

22 June 2016  |  7922 views  |  0 comments | 3 tweets | 7 linkedin
ASX wavers over future of Chess platform as it begins work on blockchain settlement

ASX wavers over future of Chess platform as it begins work on blockchain settlement

12 February 2016  |  7757 views  |  0 comments | 9 tweets | 4 linkedin
ASX considers replacing clearing and settlement system with blockchain

ASX considers replacing clearing and settlement system with blockchain

26 October 2015  |  7091 views  |  0 comments | 9 tweets | 14 linkedin
ASX trading hit by glitch as Chi-X waits in wings

ASX trading hit by glitch as Chi-X waits in wings

27 October 2011  |  6379 views  |  1 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.thomsonreuters.infovisit www.niceactimize.comvisit www.niceactimize.com

Who is commenting?

Top topics

Most viewed Most shared
Buffett rubbishes cryptocurrencies; South Korea preps exchange crackdownBuffett rubbishes cryptocurrencies; South...
11745 views comments | 16 tweets | 17 linkedin
Europe begins Open Banking era in subdued styleEurope begins Open Banking era in subdued...
9892 views comments | 32 tweets | 35 linkedin
Crypto mining threatened by power capacity concernsCrypto mining threatened by power capacity...
9664 views comments | 17 tweets | 18 linkedin
Exchanges call for global fintech standardsExchanges call for global fintech standard...
9374 views comments | 17 tweets | 13 linkedin
Wells Fargo to close 900 branchesWells Fargo to close 900 branches
9243 views comments | 14 tweets | 16 linkedin

Featured job

Competitive base + commission + benefits
UK or Germany

Find your next job