The trading floor at Canada’s Toronto Stock Exchange came to an abrupt halt on Thursday after officials experienced a technical issue.
According to CNBC, the TSX Composite Index was listed at 1.9% in the red and had already exceeded its 30-day average trading volume before trading came to a complete stop. Canadian news outlet CP24 reported that the TSX Venture Exchange (TSXV) was down by 4.6% before the technical issue arose.
Following the declaration by the TMX Group, Montreal Exchange, a Canadian derivatives exchange, announced that it would “halt trading on all Equity Derivative Instruments and place all instruments in a pre-opening state.”
BNN Bloomberg reported that both the TSX and TSXV were shuttered at roughly 1:54 p.m. local time, and that Alpha was brought to a pause some three minutes prior.