Securities Law News

Mexico Stock Exchange Halts Trading After Engine ‘Disconnection’

Oct. 10, 2020, 2:42 AM

Mexico’s main stock exchange, the Bolsa Mexicana de Valores, halted trading at around noon on Friday due to a “disconnection in the trading engine.”

Spokesman Alberto Maya Sanchez confirmed that an “administrative recess” was declared at 11:56 a.m. in Mexico City. Trading had stopped at around 11:33am, according to Bloomberg data, and had yet to restart as of the market close in Mexico City.

The company said in a statement late Friday the suspension was due to an error caused by a technology provider. Despite rumors, the exchange said it had ruled out a cyber attack and that it operates...

To read the full article log in. To learn more about a subscription click here.