Trading halted on ASX By online business reporter Michael Janda
Updated 7 minutes ago
The ASX has halted trade while it fixes a computer glitch - trade stopped at 2:48pm (AEDT). (ABC News: Giulio Saggin)
Australian share trading has ground to a halt mid-session due to a glitch on the Australian Securities Exchange.
Trading was suspended for all stocks at 2:48pm (AEDT) due to the failure of the exchange's computer system to send confirmation messages for trades in some companies.
The ASX's spokesman Matthew Gibbs says the whole market had to be shut down to fix the problem, even though the original glitch only affected some companies.
Mr Gibbs has confirmed that all trades processed before the market went off-line will stand and are unaffected by the suspension of trade.
He says the exchange's technicians are working on the problem and hope to have the market back up and running before the scheduled close of trade.
He adds that no decision has been made at this stage as to whether trading hours will be extended today to make up for any of the lost time.
