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Technical Problems Halt Trading of Shares and Options on SIX Swiss Exchange

Shares and options cannot currently be traded on the SIX Swiss Exchange. Trading was stopped due to technical problems, said a spokesman at the request of the news agency ‘AWP’.

Therefore, since shortly after 11 a.m. on Tuesday, the prices of individual shares and indices have remained at the same level. The investigation is still ongoing, and further information would follow, the spokesman said.

Update: Shortly before 1 p.m., SIX announced that the systems would be restarted. “Trading could resume at 2 p.m.,” the spokesman said. The cause of the disruption was a software error. SIX assures that no hacker attack is responsible for the failure.

From 11 a.m. to 2 p.m. the SMI stopped.

Update II: As the chart shows, trading resumed around 2 p.m. SIX did not give any further details to inside-it.ch. The exact causes of the technical issue would be clarified.

The Swiss Financial Market Supervisory Authority Finma and the Swiss National Bank (SNB) have been informed, according to the SIX spokesman for ‘AWP’. The interruption lasted from February 11th to 14th. The prices of individual stocks and indices did not move during this period. This is the longest suspension of trading on the Swiss stock exchange since January 2012, when the stock exchange started trading hours late.

2023-06-13 20:17:13
#Technical #problems #fixed #trading #resumed #Swiss #stock #exchange

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