As of this morning at 9:30 a.m. trading on the European stock exchanges Xetra and Eurex is no longer possible. It cannot yet be said whether a crash in the trading system is the reason for this, as Deutsche Börse announced. The stock exchanges in Vienna, Prague and Budapest are also said to be affected. Trading there has also been suspended since the morning.
The price movements on the international stock exchanges are not very impressed by this, FTSE CFD UK 100 stands about one percent lower and the S&P 500 Future arround one percent higher since last closing.
We have our own ideas here about how prices were frozen on the stock exchanges: may it be the central banks behind them, which had manipulated the prices to incredible heights? Alternatively, it could also be a subsequent greeting from the Frozen.
No, we are not into the market now. Keep up to date with further news on analysta.net.
It is now 2:00 pm and it looks like trading on the European stock exchanges will continue after technical difficulties with the trading system this morning. Eurex and Xetra started again, and trading in Vienna is scheduled to reopen in the next hours.
In the meantime, a spokesman for Deutsche Börse has ruled out a connection with cyberattacks. Further informations on how the trading system failed will be released over the next days.