NEPSE halts trading after technical issue hits broker data centre

Summary

NEPSE suspended Monday’s trading session after a technical problem hit Data Hub Pvt Ltd, which hosts servers for 72 brokerage firms. The exchange said trading will resume once the issue is fully resolved, following a request from the Stock Brokers Association of Nepal.

Key Points
  • NEPSE halted Monday’s regular trading session after a technical issue at a broker data centre disrupted operations.
  • The problem occurred at Data Hub Pvt Ltd, which hosts servers for 72 brokerage firms.
  • The Stock Brokers Association of Nepal asked for trading to be suspended until the issue is fixed.
  • NEPSE said continuing market operations could have damaged its trading system and would resume trading once the problem is resolved.
Article image