(Bloomberg) -- Mexico’s main stock exchange, the Bolsa Mexicana de Valores, halted trading at around noon on Friday due to a “disconnection in the trading engine.”
Spokesman Alberto Maya Sanchez confirmed that an “administrative recess” was declared at 11:56 a.m. in Mexico City. Trading had stopped at around 11:33am, according to Bloomberg data, and had yet to restart as of the market close in Mexico City.
The company said in a statement late Friday the suspension was due to an error caused by a technology provider. Despite rumors, the exchange said it had ruled out a cyber attack and that it operates with adequate security standards.
Mexico’s challenger stock exchange -- the Bolsa Institucional de Valores -- said that its operations remain normal and without any setback, according to spokesman Salvador Leal.
©2020 Bloomberg L.P.
RECOMMENDED FOR YOU
POPULAR