ASX Trading Crashes Due to Technical Problems

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.

14 comments:

Anonymous said...

ASX meltdown. Brilliant. What happens when you rely on computer systems. Banks have suffered the same fate recently.

Anonymous said...

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.

Anonymous said...

same thing happened to the LSE, London Stock Exchnage last week. Cost millions if not billions.

Mcx Tips said...

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Karl said...

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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William said...

These technical issues are common to such services. They should deal with them immediately to avoid further problems.

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Louis said...

They should have a regular maintenance of the system to avoid technical issues. That's probably the case in ASX.
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Stanley said...

The ASX should have given their explanation on this issue so people will understand the real cause.

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bilaczenko said...

take care, matross

Anonymous said...

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

Steven said...

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mcx tips with 100 accuracy said...

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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MCX Tips Free Trial said...

Now stock market is going well direction.
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Stock investment said...

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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