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Nasdaq OMX PHLX Delays Opening for Options Floor Trading

Aug. 6 (Bloomberg) -- Nasdaq OMX Group Inc. said it delayed the opening for floor trading on the Nasdaq OMX PHLX because of an issue with the floor-based systems.

The alert that trading was suspended went out at 9:48 a.m. New York time, according to an e-mail from the company. Electronic trading is “functioning normally,” the New York-based company said.

Nasdaq OMX PHLX accounted for 19 percent of U.S. options trading, including indexes, last month, according to data compiled by Bloomberg. Rob Madden, a spokesman for Nasdaq, declined to comment beyond the company’s notice.

To contact the reporters on this story: Whitney Kisling in New York at wkisling@bloomberg.net; Nina Mehta in New York at nmehta24@bloomberg.net

To contact the editor responsible for this story: Nick Baker at nbaker7@bloomberg.net

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