NZX three-hour trading halt not a 'system overload', CEO Bennett says

Fri, 27 Jun 2014

By Suze Metherell June 27 (BusinessDesk) - Today's three hour trading halt is not a sign the stock market operator's system is overloaded after the first half of this year has seen more new listings than all of 2013, NZX chief executive Tim Bennett says. All trading was halted half an hour into the morning session and was initially flagged to resume at 10:45 am after a "restart to the message gateway", however on the restart connection to participants was lost, and eventually trading was moved to the secondary market environment, which to...

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