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Monday, October 24, 2016

Nasdaq Suspends Trading On Technical Problems

Nasdaq Suspends Trading On Technical Problems

NEW YORK (AFP) – Nasdaq Thursday suspended trading of all stocks and options due to technical problems.

The exchange halted trade in all “Tape C” securities, which includes options and securities. A message from Nasdaq around 1615 GMT recommended traders route transactions to other exchanges.

The tech-rich exchange said on it website that it intends to resume trading “at a time to be determined.” The exchange said customers wishing to cancel orders could do so.

A spokesman for the Securities and Exchange Commission said the U.S. securities regulator was monitoring the situation and was “in close contact with the exchanges.”

Photo Credit: AFP/Andrew Burton

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