BSE halts trading due to network outage

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Reuters MUMBAI
Last Updated : Jul 03 2014 | 11:07 AM IST

MUMBAI (Reuters) - Exchange operator BSE halted trading on Thursday morning across all of its markets, including shares, currencies and indexes due to a network outage, BSE said.

BSE later said all orders placed before the network outage would be cancelled.

The exchange operator said its network service vendor HCL Technologies Ltd was working to resolve the issue. Multiple traders this morning had told Reuters share prices in the BSE exchange were not updating.

"Due to a network outage being currently faced, BSE has decided to close all markets," the exchange said in a statement sent via text message. "Once the network issue is resolved, the markets will restart."

A spokesman for the BSE told Reuters at 10:08 a.m. that trading would resume in a "few minutes," although trading had yet to resume as of 10:45 a.m.

HCL was not immediately reachable for comment.

(Reporting by Abhishek Vishnoi and Indulal PM; Writing by Rafael Nam; Editing by Shri Navaratnam and Eric Meijer)

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First Published: Jul 03 2014 | 10:55 AM IST

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