Derivatives Trading on Euronext Suspended for Over an Hour

According to the website of one of the biggest exchanges in Europe, Euronext, trading on its derivatives market place was suspended for about an hour and fifteen minutes after members of the exchange were informed about an issue with the Common Customer Gateway. The problem arose after a Euronext router was restarted around 09:19 CET.

Members of the exchange were advised to monitor the situation closely, and at 10:10 CET all trading on the Euronext derivatives market was halted. All orders except good-till-cancelled (GTC) were removed from the market as the technical issue prompted a new pre-opening phase for the market.

After 11:00 CET the market went into pre-opening mode of operation for a period of about 20 minutes, the full trading of derivatives resumed around 11:20 CET. Members have had to reinstate all of their open orders on the market.

Back in January, Goldman Sachs Group Inc.’s European Dark Pool Dark Pool Private exchanges that are not accessible by the investing public for trading securities are known as dark pools.Dark pools are named due to their lack of transparency and occasional predatory trading practices that are performed by high-frequency traders. These exchanges originally into existence towards the end of the 1980s as a way to better facilitate block trading performed by institutional investors. Why Use Dark Pools?Dark pools are used primarily by large-scale investors who do not seek Private exchanges that are not accessible by the investing public for trading securities are known as dark pools.Dark pools are named due to their lack of transparency and occasional predatory trading practices that are performed by high-frequency traders. These exchanges originally into existence towards the end of the 1980s as a way to better facilitate block trading performed by institutional investors. Why Use Dark Pools?Dark pools are used primarily by large-scale investors who do not seek Read this Term Sigma X grinded to a halt for about the same period of time after a connectivity issue at the tech provider of the major investment bank, Euronext. The multilateral facility has been using Euronext Market Solutions.

Currently, all operations on Euronext are running smoothly. A company spokesperson contacted by Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term Magnates declined to provide additional information.