Euronext Halts Equities Trading in Worst Outage in Two Years
- Shutdown resulted from issue with ‘market-monitoring tools’
- Incident is an embarrassment for the self-styled market leader
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Euronext NV halted trading on its equities platform this morning, blaming technical problems for its worst outage since 2016.
The exchange operator, Europe’s third-biggest by revenue last year, opened its equity market for just 10 minutes on Monday before shutting it down due to an issue with what the company called its “market-monitoring tools.” Trading was suspended for about three hours, before resuming at 12:20 p.m. central European time, with related derivatives starting up 10 minutes later.