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Vienna shares closing: technical problems dominate trading day – 04/14/20 – news

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VIENNA (dpa-AFX) – Technical problems dominated the trading day on the Vienna Stock Exchange on Tuesday. Due to a problem with the Xetra T7 electronic trading system, trading on the Austrian stock market stopped for several hours in the morning and at noon. In the afternoon, he was resumed, but there were problems with the data delivery from the Vienna Stock Exchange. The last available course in the afternoon shows the ATX with an increase of 0.79 percent.

In addition to the Vienna Stock Exchange, the Xetra problem also affected all other markets that use the trading system developed by Deutsche Börse – including the stock exchanges in Frankfurt, Prague and Budapest. In Vienna the trade came to a standstill around 9.25 a.m. It was only over four and a half hours later, at 2 p.m., that he was resumed.

An error in the internal communication of the trading system triggered the problem, it said. The floor trading in Frankfurt was not affected by the default, although it only accounts for a small part of the total turnover. By contrast, the Vienna Stock Exchange only trades electronically.

After trading had resumed, the next problem in Vienna a good hour later: The Vienna Stock Exchange could no longer deliver prices from 3:09 p.m. “As a result of the technical disruption, problems occurred in the distribution of price data and the calculation of indices in the afternoon,” said a statement from the Vienna Stock Exchange sent to APA. They are working flat out to restart the data distribution and will deliver the courses later.

Until then, the leading index of the ATX was the preliminary level of 2,201.41 points determined at 3:09 p.m. This corresponds to an increase of 0.79 percent compared to the previous day.

Trading took place regularly in the afternoon, a spokeswoman for the Vienna Stock Exchange told APA. The problem would only concern data distribution. For the time being, she could not give any information about the duration of the delay./dkm/mik/APA/fba

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