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Trading Halts, Confusion From India to Indonesia on Manic Monday

  • India’s biggest stock exchange was halted for three hours
  • Southeast Asia’s second-largest market stopped after glitch

Asia’s stock exchanges have had smoother starts to a week.

India’s National Stock Exchange, the country’s biggest bourse, suffered its longest ever halt on Monday after an unidentified glitch disrupted orders and price feeds, forcing the operator to freeze all equities and derivatives trading. Indonesia was also hit with a data issue and responded with its own shutdown. In both cases, brokers said that confusion reigned even after the venues had announced the suspensions.