The Johannesburg Stock Exchange (JSE) advised clients that the start of all derivatives markets and the spot interest rate market were delayed this morning.
This was due to issues with the bourse's production infrastructure that these services operate on.
It adds that it is focused on restoring connectivity to halted derivatives market systems.
“The JSE SENS service is also affected and is being recovered. The exchange regrets the inconvenience to its clients and is focused on restoring the services as fast as possible. The JSE will keep the market informed of its progress.”
Local engine
Last month, the JSE paused trading on the equity market, because of issues with the international links between the exchange and London.
The bourse's trading engine is located in London. It is working on implementing a new trading system, which will be located in Johannesburg, and should go live in July. The new system is aimed at eliminating trading halts and increasing trading speeds.
The JSE has signed a licensing agreement with MillenniumIT to move its equity market trading activity onto Millennium Exchange. The move will speed up trades by 40 times and also provide more stability in the trading platform as dealings will be settled in Johannesburg and not London.
Last July, an outage halted equity trading for 34 minutes, because of the international link between the bourse and London.
Related stories:
MTN outage causes JSE failure
JSE halts trade
JSE unveils co-location services
Share
