Euronext equities suffer outage after ‘technical issues’

New owner of Irish stock exchange experienced issues in France and other major markets across Europe

Dutch exchange operator Euronext faced “technical issues” on Monday that halted trading across several major continental European stock bourses for much of the morning.

The open of equities trading on Euronext markets in Amsterdam, Brussels, Lisbon and Paris was delayed by roughly 90 minutes. After brief spurts of activity, trading was once again halted before it resumed at roughly 12.20pm CET, according to Refinitiv data.

Last November Euronext NV bought the Irish Stock Exchange, hailing it as a hub for exchange traded funds that is set to benefit as financial activities leave Britain after Brexit. However, Dublin was unaffected by Monday's outage.

The outages meant that investors were unable to trade on some of continental Europe’s biggest stock markets. The problems on Monday came after a “technical incident” in April prevented Euronext from publishing opening prints for its closely-tracked indices, like the French CAC 40. Trading in cash equities and derivatives were not affected at the time.

Euronext competitor Deutsche Börse earlier this month faced a delayed open in its German Xetra stock market, also following a "technical issue." – Copyright The Financial Times Limited 2018