A technical glitch postponed the start of trading in futures and options contracts on Eurex by more than two hours, the latest in a run of breakdowns by exchanges.
Trading in the derivatives started at 10:10 a.m. Frankfurt time, the Deutsche Boerse AG subsidiary said in a notice on its website. Technical problems caused the delay. DAX Index and bund futures are among the most popular products that trade on the exchange. Europe’s largest derivatives market also suffered a delayed opening in February.
The technology at the center of the world’s financial markets is under greater scrutiny following a high-profile outage at the New York Stock Exchange, which lasted 3 1/2-hours. Other European exchange outages this year include a one-hour halt in trading on Euronext NV’s derivatives products.
Trading on Eurex started at different times this morning, according to Bloomberg data. DAX futures began to move at 10:30 a.m., while 10-year bund futures opened at 9:45 a.m.
Read this next:
- Eurex Margin Call Said to Be Behind DuessHyp’s Collapse
- Technical Failure Delays Eurex Trading in Futures, Options
- Eurex Adds to Swap-Future Lineup as Rules Reshape Market
Frankfurt-based Deutsche Boerse runs trading technology -- called T7 -- that it developed internally.