All symbols are now trading normally
TORONTO, Nov. 30, 2011 /CNW/ - This morning, Toronto Stock Exchange
experienced technical difficulties with symbols beginning with M to Z.
Our initial investigation indicated that a problem occurred as the
market moved from the pre-open session to the market opening. The
problem was rectified and the affected symbols moved into a pre-open
period at 11:00 a.m. and resumed trading at 11:15 a.m. TMX Select, TMX
Group's alternative trading system, operated normally for all Toronto
Stock Exchange and TSX Venture Exchange symbols. TSX Venture Exchange
also operated normally throughout this period.
Tom Kloet, CEO, TMX Group made the following statement:
"TMX Group regrets this unfortunate and rare disruption to our normal
market operations and the inconvenience this caused our customers.
Technical and market operations teams went into action immediately,
focusing on restoring the market to full operational performance as
rapidly as possible. We are continuing to investigate the root cause
to ensure that the problem does not recur."
Multiple communications channels were employed to keep the market
informed throughout the disruption, including trader notes, direct
communication to affected listed issuers, website updates and news
About TMX Group (TSX-X)
TMX Group's key subsidiaries operate cash and derivative markets for
multiple asset classes including equities, fixed income and energy.
Toronto Stock Exchange, TSX Venture Exchange, TMX Select, Montreal
Exchange, Canadian Derivatives Clearing Corporation, Natural Gas
Exchange, Boston Options Exchange (BOX), Shorcan, Shorcan Energy
Brokers, Equicom and other TMX Group companies provide listing markets,
trading markets, clearing facilities, data products and other services
to the global financial community. TMX Group is headquartered in
Toronto and operates offices across Canada (Montreal, Calgary and
Vancouver), in key U.S. markets (Houston, Boston and Chicago) as well
as in London and Beijing. For more information about TMX Group, visit
our website at www.tmx.com.
SOURCE Toronto Stock Exchange
For further information:
Director, Corporate Communications