S&P glitch hits ASX index calculations

The Australian Securities Exchange (ASX) says a system problem at index provider Standard & Poor's (S&P) prevented it from supplying prices on its leading stock indices on Friday morning.

  0 Be the first to comment

S&P glitch hits ASX index calculations

Editorial

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.

An ASX spokesman Matthew Gibbs told reporters that due to the problem at S&P no prices were being relayed to the market, even though trades were being processed.

No data on the movement and level of market indices, including the benchmark S&P/ASX 200 index and the All Ordinaries index, were available on Friday morning.

Gibbs said only data pertaining to the various indices is affected, so normal trading was still taking place.

Sponsored [Webinar] PREDICT 2025: The Future of Faster Payments in the US

Comments: (0)

New Report – The Future of AI in Financial Services 2025Finextra PromotedNew Report – The Future of AI in Financial Services 2025