ISE trading platforms suspended after power surge
International Securities Exchange (ISE)s trading platforms fell down on 12 October after a power surge at the exchanges New Jersey site.
Both ISEs options and equities platforms fell victim to the surge, and trading was suspended at 10.16am local time.
The exchange said that it continued communication with its members throughout, eventually restoring connection to both markets at 12pm.
The exchange reiterated its commitment to preventing a reoccurrence of the phenomena. ISE has undertaken a thorough review of the cause of the issue and will take all necessary steps to prevent a recurrence, read an ISE statement.
Found this useful?
Take a complimentary trial of the FOW Marketing Intelligence Platform – the comprehensive source of news and analysis across the buy- and sell- side.
Gain access to:
- A single source of in-depth news, insight and analysis across Asset Management, Securities Finance, Custody, Fund Services and Derivatives
- Our interactive database, optimized to enable you to summarise data and build graphs outlining market activity
- Exclusive whitepapers, supplements and industry analysis curated and published by Futures & Options World
- Breaking news, daily and weekly alerts on the markets most relevant to you