Systems Down - Trading Halted - Technical Difficulties - ASX Broken - Australian Securities Exchange Trading Plaform Crashes Intra Day due to Technical Issues - Market Closes Early
Trading on the ASX was suspended mid afternoon due to technical issues. Shares in numerous listed companies went into inquiry mode just after 2.15pm, with the majority of other companies following suit just after 2.45pm.
No explanation has yet been given by the ASX as to the reasons for the crash.
Trading platforms are stating the following "All markets in ASX trade have been placed into enquire mode pending further investigation of technical difficulties."
From Commsec:
We are aware that the ASX has closed the Australian Market for technical reasons, we will continue to update this message as the situation changes. This situation is beyond our control.
The call centre is experiencing high demand and we recommend that you do not call CommSec at this time.
We apologise for any inconvenience caused.
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14 comments:
ASX meltdown. Brilliant. What happens when you rely on computer systems. Banks have suffered the same fate recently.
ASX is continuing to investigate the technical issue with trade dissemination on Partition 3 and is working towards re-opening the market today. It is unlikely that this will occur prior to normal market close of 16:00.
same thing happened to the LSE, London Stock Exchnage last week. Cost millions if not billions.
I really appreciate your post and you explain each and every point very well.Thanks for sharing this information.And I'll love to read your next post too.
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I hope they can settle that issue. Security might be the problem here. You're not secured if you just rely on computer systems. Make sure you install what's necessary.
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These technical issues are common to such services. They should deal with them immediately to avoid further problems.
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They should have a regular maintenance of the system to avoid technical issues. That's probably the case in ASX.
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The ASX should have given their explanation on this issue so people will understand the real cause.
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take care, matross
See web "youtube etrade's faulty consumer product"
also "important message to all investors"(Day Traders) and also ASX/SFE faulty consumer product"
take care , matross
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The Easter time break is a useful time to indicate on what's been obtained in a season, and from an Australia trader's viewpoint the response is that not much has been obtained at all.A season ago the feelings was silently hopeful. European countries had decided on the first Ancient bailout, concerns of a sovereign debt crisis had reduced, and financial development anticipates and investment prices were increasing.
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Now stock market is going well direction.
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This post is excellent and so is the manner in which the subject was explained. I like some of the comments as well even though I would rather we all keep it on topic so that to add value to the idea.
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