Toronto Stock Exchange
Pawel Dwulit | Bloomberg | Getty Photos
This is a acquiring tale. Test back again for updates.
The Toronto Inventory Exchange has halted investing due to a technological issue, according to the TMX Group, owner of the exchange.
The TSX Composite Index, the exchange’s benchmark, was down 1.9% right before trading was halted as coronavirus fears trigger worldwide markets to plunge on higher than-regular quantity.
The buying and selling volume on the Toronto Stock Trade experienced by now exceeded the 30-day ordinary just before buying and selling was halted. FactSet information shows far more than 232 million shares improved arms on Thursday, topping a 30-working day common of 231.1 million.
CNBC has contacted TMX Team for remark on the concern, but a spokesperson was not straight away offered.
“TMX carries on to look into the trouble with buy entry on TSX, TSXV and Alpha. We apologize for the inconvenience. Further updates will be furnished,” TMX tweeted at 2:46 p.m. ET.
“Customers are currently unable to enter, modify or terminate open orders on TSX, TSXV and Alpha,” the group extra in a subsequent tweet at 2:10 p.m. “TMX carries on to look into the problem with buy entry. Prior to re-opening, we will supply ample time in a pre-open up point out for Members to manage their orders.”
The Montreal Trade, a Canadian derivatives trade, explained at 2:18 p.m. ET that it would “halt trading on all Fairness By-product Devices and position all instruments in a pre opening state.”
— CNBC’s Chris Hayes and Fred Imbert contributed reporting.
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