21 August 2017
Find out more

Brief: Iceland Stock Exchange fails to open

29 August 2002  |  3232 views  |  0 Brief: Iceland Stock Exchange fails to open

The Iceland Stock Exchange (ICEX) failed to open for business yesterday due to a failure in the CANTAT3 fibre cable used to connect the exchange with market participants.

Efforts by telecommunications company Landssimi Islands hf to establish a new satellite link in order to re-route telecommunications traffic were unsuccessful by close of trading yesterday.

ICEX says it expects regular trading hours today.

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 blogs

Create a blog about this story (membership required)
visit www.worldpaymentsreport.comvisit www.niceactimize.comdownload the paper now

Top topics

Most viewed Most shared
Mobile contactless spending accelerating in UKMobile contactless spending accelerating i...
11151 views comments | 25 tweets | 23 linkedin
Barclays pairs banking data with third party apps for SmartBusiness DashboardBarclays pairs banking data with third par...
9385 views comments | 22 tweets | 28 linkedin
hands typing furiouslyWhy Is Risk Analytics Important?
9360 views 0 | 5 tweets | 1 linkedin
Norwegian banks and startups form fintech clusterNorwegian banks and startups form fintech...
9116 views comments | 19 tweets | 23 linkedin
RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
8994 views comments | 10 tweets | 8 linkedin