Several hours of waiting.
Trading resumed on the Paris Stock Exchange at 12:45 p.m. Monday after a blackout affecting the stock market operator Euronext which led to the halt of quotations for nearly three hours.
Quotes have also been suspended on the platforms managed by Euronext, Brussels, Amsterdam, Lisbon, and Dublin, with the exception of Oslo, for around 10 hours.
“The cause [of the failure] has been identified and resolved,” the pan-European stock operator said in a statement.
The segments will open as follows:
➡ FXI Fixed Income: 12:30
➡ EQU Cash Equities: 12:45
➡ ETF Funds: 12:45
➡ COM Commodities: 12:30
➡ EQD Equity Derivatives: 12:50
➡ IDD Index Derivatives: 13:00
- Euronext (@euronext) October 19, 2020
Around 1:10 p.m., or 25 minutes after the reopening, the CAC 40 index gained 0.60% to 4965.60 points.
Not affected by the blocking of trade but indirectly affected at the time of the blackout that affected Euronext, the Frankfurt Stock Exchange gained 0.14% and that of London fell 0.12%.
This technical failure comes a few days after a major blackout on the Tokyo Stock Exchange, one of the most serious incidents in the history of the Japanese market.
Few elements explained for the time the source of this failure, the operator evoking an IT problem.
On the brokerage side, Christopher Dembik, head of economic research at Saxo Bank, noted that clients were "fairly patient".
The expert observed "the advantage of having a rather quiet Monday", with traditionally low order volumes on the first day of the week.