German Exchange Glitch Hits Futures Volumes, Delays Big IPO
- $100-billion-a-day Bund market delayed by more than an hour
- Xetra stocks also impacted ahead of Siemens Healthineers debut
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Equity and derivatives trading was delayed on the day of a landmark stock debut in Germany due to a technical glitch, Deutsche Boerse AG said.
Trading on the Eurex derivatives platform began at 9:20 a.m. in Frankfurt, an hour and 20 minutes later than normal, disrupting options and futures including Europe’s most-traded financial derivative, 10-year German government bond futures.