Glitch delays trading on OMX exchanges

Technical glitches have delayed trading on the Stockholm, Helsinki and Copenhagen stock exchanges for the second time this week.

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Glitch delays trading on OMX exchanges

Editorial

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The exchanges, which are operated by Nasdaq-owned OMX, have failed to open on time for the second day running.

In a brief statement on its Web site OMX says today's opening is postponed until 12:00 Central European Time (CET) "due to technical disturbances".

The glitch - which also delayed market opening yesterday - is thought to be caused by problems with an upgrade of the Saxess trading system.

The problem has also affected the Oslo Børs, which uses the Saxess platform.

In a statement on its site, Oslo Børs says: "The problems with Saxess Trading System continues today. The opening of the equity market, bond market, Oslo Axess and ABM will today be postponed until 12:00."

Update

OMX pushed back opening of the Stockholm, Helsinki and Copenhagen exchanges to 13:30 CET due to the on-going technical problems.

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