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‘WTF’: Entire ASX paused in rare announcement

·1-min read
A passerby is reflected in the window of the Sydney Stock Exchange showing the benchmark S&P/ASX200 index in Sydney on September 18, 2015. Australian stocks slipped 0.28 percent at the open after the US Federal Reserve left interest rates near zero overnight.    AFP PHOTO / Peter PARKS        (Photo credit should read PETER PARKS/AFP via Getty Images)
The entire ASX is paused. Image: PETER PARKS/AFP via Getty Images

The ASX equity market paused all trading on Monday morning as the stock exchange investigates “market data issues”.

The ASX paused trading at 10:23am AEDT with the ASX saying it was “working to rectify the issue as soon as possible” on Twitter. Markets are paused at 6,483.30 points after rising 1.23 per cent in the morning.

While the ASX has not yet resolved the issue, pundits on Twitter all had the same joke.

“Wonder if they tried to turn it off, wait a few minutes and turn it on again?” one person tweeted.

“Have you turned it off? Wait 2 minutes. Turn back on,” another said.

Others opted for a shorter, “WTF.”

It comes after the New Zealand Stock Exchange was hacked repeatedly over August 2020, although it’s not believed today’s pause is due to a hack.

Investors will receive 30 minutes notice before trade resumes.

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