Deutsche Boerse Resolves Second Major Trading Outage of 2020
- Stock exchanges from Frankfurt to Zagreb were down for hours
- Bug-prone third-party software, now fixed, caused the halt
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Deutsche Boerse AG’s electronic trading system was unavailable due to a technical glitch throughout Wednesday morning, the exchange’s second major outage this year, disrupting derivatives and stock markets in several central and eastern European countries and hampering bond sales in the region.
Germany’s benchmark DAX Index turned negative as trading in cash equities gradually resumed at noon in Frankfurt. Derivatives including bund futures had resumed trading on the Eurex platform 30 minutes earlier, after their hours-long halt had prompted Denmark to postpone a bond auction.