SIX Swiss Exchange has suspended trading due to technical problems with its SIX MDDX Multi-Dimensional Data fluX (SIX MDDX) data feed.
The exchange was halted earlier today and looked to be rebounding before being halted again at 11.23am BST, The TRADE understands.
According to SIX Exchange: “The technical problems with the dissemination of indices and market data in Switzerland and Spain is still ongoing. Trading on SIX Swiss Exchange has been halted again until further notice due to ongoing technical problems.”
Trading at BME Exchange currently is not being affected by these events.
The issue, raised earlier today, affected structured products on SIX Swiss Exchange, specifically: bonds, derivatives, exchange traded products (ETFs), equities, and funds.
SIX MDDX provides vendors with real-time market data from the SWXess trading platform, SIX index data, Swiss fund data, reference data from CONNEXOR and other sources, bespoke data sets, and third-party content.
SIX has confirmed that they are in the process of investigating the root cause in order to solve the problem.
More to follow…