Toronto Stock Exchange halts trading for technical issue amid heavy volume


Toronto Stock Exchange

Pawel Dwulit | Bloomberg | Getty Illustrations or photos

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The Toronto Stock Trade has halted investing due to a specialized issue, according to the TMX Group, operator of the trade.

The TSX Composite Index, the exchange’s benchmark, was down 1.9% prior to buying and selling was halted as coronavirus fears trigger global markets to plunge on above-average quantity.

The buying and selling volume on the Toronto Stock Trade experienced now exceeded the 30-day common prior to buying and selling was halted. FactSet knowledge demonstrates much more than 232 million shares improved fingers on Thursday, topping a 30-day common of 231.1 million.

CNBC has contacted TMX Team for comment on the difficulty, but a spokesperson was not right away offered.

“TMX carries on to investigate the problem with purchase entry on TSX, TSXV and Alpha. We apologize for the inconvenience. More updates will be provided,” TMX tweeted at 2:46 p.m. ET. 

“Customers are now unable to enter, modify or terminate open up orders on TSX, TSXV and Alpha,” the group additional in a subsequent tweet at 2:10 p.m. “TMX carries on to examine the difficulty with purchase entry. Prior to re-opening, we will give ample time in a pre-open point out for Individuals to deal with their orders.”

The Montreal Exchange, a Canadian derivatives trade, said at 2:18 p.m. ET that it would “halt investing on all Equity Derivative Devices and spot all instruments in a pre opening state.”

— CNBC’s Chris Hayes and Fred Imbert contributed reporting.

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