(Bloomberg) -- Euronext NV halted trading on its equities platform due to technical problems.
The exchange operator opened its equity market for just 10 minutes on Monday morning before shutting the platform down due to unidentified issues. It was due to reopen equities trading at 12:20 p.m. central European time.
The delayed opening is the worst since August 2016, when futures contracts on Euronext’s bourse failed to open for the first three hours of trading. London Stock Exchange Group (LON:LSE) also had a major outage earlier this year, its worst since 2011.
The technical issues will come as an embarrassment to Euronext Chief Executive Officer Stephane Boujnah, after the company said it had moved its cash-equity markets onto a new platform, positioning itself “as a market infrastructure technology leader.”
Further information on the cause of the outage will follow as soon as possible, a Euronext spokeswoman said.
