MILAN (Reuters) -Trading on the Nasdaq Nordic platform resumed as normal on Wednesday, a day after a technical glitch disrupted equity order data and led to the cancellation of trades. The issue began
Nasdaq Nordic resumes trading after glitch prompts order cancellations
Overview of the Trading Resumption
MILAN (Reuters) -Trading on the Nasdaq Nordic platform resumed as normal on Wednesday, a day after a technical glitch disrupted equity order data and led to the cancellation of trades.
Details of the Technical Glitch
The issue began at 1500 GMT on Tuesday and affected cash equities, ETPs and equity derivatives on Nasdaq Stockholm, Helsinki and Iceland, according to a statement on Wednesday.
Impact on Traders and Market
Nasdaq said it had cancelled all trades from the time of the incident and communicated the cancellations to affected members. On Wednesday the incident was marked as "resolved" on the bourse operator's website, with "all systems normal".
Resolution of the Issue
A fund manager in Helsinki said trading appeared to be back to normal and back-office teams were handling trade cancellations. "No major fuss, but some extra work for them," he said.
Nasdaq said the root cause of the problem had been identified and fixed.
(Reporting by Danilo Masoni; Editing by Amanda Cooper)
