Trading disruption at Eurex adds to fears over market resilience

Trading on the Eurex derivatives exchange was halted for 60 minutes on Monday due to a technical error, the latest in a series of glitches to hit exchange operators worldwide.

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Trading disruption at Eurex adds to fears over market resilience

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The bourse shut down trading as 08.20am, shortly after the market opening on Monday morning due to "an incorrect time synchronization within the system".

The shut-down at Eurex comes just days after a technical issue paralysed trading on the Nasdaq stock exchange for more than three hours, raising fears about the ability of market infrastructures to keep pace with demands for high-performance electronic dealing.

At Eurex, the fault occurred on a new trading architecture that the exchange introduced only in December, billing it as "the world's most advanced trading system".

Fortunately for the Frankfurt-based exchange trading was thin, with Europe still in a seasonal lull and the UK enjoying a bank holiday.

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