National Stock Exchange (NSE) on Wednesday halted trading in all segments at 11.40 am due to a glitch in the index price feed. NSE further informed that it is working to fix the processes.
The NSE Nifty 50 Index was last seen up 0.8% at 14,820.45.
NSE has multiple telecom links with two service providers to ensure redundancy. We have received communication from both the telecom service providers that there are issues with their links due to which there is an impact on NSE system,” NSE informed on Twitter.
“We are working on restoring the systems as soon as possible. In view of the above, all the segments have been closed at 11:40 and will be restored as soon as issue is resolved,” NSE further added.
Retail traders who frequent the live feed were complaining since morning on Twitter about the technical error.
NSE halts trading latest updates
- “All open orders on NSE – Eq, FO, CDS has been cancelled by the exchange,” tweets Nithin Kamath, co-founder of Zerodha.
- “NSE has halted all trading (Equity, F&O, Currency) from 11.40 am. NSE had issues with streaming feeds for Nifty, Banknifty, and other indices from 10.06 am. I am guessing that they are restarting all the processes for which they had to stop trading to fix the index feeds issue,” said Nithin Kamath, co-founder of Zerodha.
- “Trading is halted on NSE across brokers. We are waiting for it to come back online. For equity orders, you can use BSE,” Zerodha said in a tweet.
Wednesday’s disruption revived memories of an episode in July 2017, when the NSE shut both the cash and derivatives segments due to technical issues, with traders unable to execute trades at its venue and prices not updating.
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