08.27.2020

NZX Not Re-opening Markets 27 August

27/8/2020, 4:13 pm MEMO

Memorandum

To: Market Participants
From: NZX Limited
Date: Thursday, 27 August 2020
Subject: Connectivity NZX – decision to not re-open markets 27 Aug 2020

Message:
NZX confirms that a decision has been taken to not re-open the NZX Main Board, NZX Debt Market and Fonterra Shareholders’ Market today and to close the NZX Derivatives Market. As a result of network connectivity issues relating to DDoS cybersecurity attacks, a halt was placed on trading in its cash markets at approximately 11.10 am today.

This decision not to re-open has been made while we focus on addressing the situation. We continue to address the threat and work with cybersecurity experts, and we are doing everything we can to resume normal trading tomorrow (28 August).

Source: NZX

Related articles

  1. Cyber-Criminals Target Wall Street

    COVID-19 pandemic and geopolitical tensions round out the top three threats in DTCC survey.

  2. Cyber Security Looms Large at Sibos

    The Australian regulator concluded its investigation into the ASX equity market outage in November 2020.

  3. Wall Street Confronts Cyber Threats

    Quantum Dawn VI tested over 900 participants' responses to a simulated ransomware event.

  4. Regulators Target Cybercrime

    There is no standard approach to identify data that needs to be protected.

  5. Wall Street Confronts Cyber Threats

    The new unit will employ up to 400 high value, experienced and graduate level roles.