NEPSE transactions suspended over issue in data centre

Summary

NEPSE suspended stock transactions after a technical problem at its data centre disrupted trading systems linked to 72 member companies. The issue at Data Hub Pvt. Ltd. remained unresolved, prompting the Stock Brokers Association of Nepal to request a trading halt.

Key Points
  • NEPSE suspended stock transactions today after a technical issue affected its data centre.
  • The data centre houses servers for 72 trading member companies linked to NEPSE’s trading system.
  • NEPSE said the problem at Data Hub Pvt. Ltd. began at 4:00 am on September 20 and was still unresolved.
  • The Stock Brokers Association of Nepal had requested NEPSE to suspend regular trading.
Article image