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Home STOCKS UPDATE 1-German inventory buying and selling system Xetra down, all securities influenced

UPDATE 1-German inventory buying and selling system Xetra down, all securities influenced

(Insert element)LONDON, July 1 (Reuters) – Frankfurt-based electronic buying and selling method Xetra was experiencing a “specialized issue”, influencing all securities traded on the system, a Deutsche Boerse (DE:) spokesman stated on Wednesday.The outage in Xetra, a totally-electronic cash market trading technique, is impacting buying and selling in Austria, Czech Republic, Hungary, Germany and Slovenia.The Austrian blue-chip index did not open at the scheduled opening time of 0700 GMT.Trading volumes on German blue-chip index DAX was caught at .15% of the extensive-term day by day average, even though the broader STOXX 600 saw 3% of daily average go as a result of at 0733 GMT, according to Refinitiv information.”I just can ensure that there is a specialized issue on Xetra … we’re at present investigating the failure,” Patrick Kalbhenn, a spokesman for the German inventory exchange, reported.The technical snag is a even more blow to Deutsche Boerse, which noticed one particular of its longest outages in April when the Frankfurt stock trade was halted for extra than 4 several hours.The German stock exchange’s cash markets produced a turnover of 159.8 billion euros ($179.5 billion) in May possibly. ($1 = .8905 euros)


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