Electronic trading resumes at CBOE
Electronic trading resumed on Monday on the Chicago Board Options Exchange (CBOE), after a technical fault caused its electronic platform to shut down on Friday morning (November 10).
An exchange spokesman said trading volume for the day was 1.8 million orders, a third lower than the daily average for the year to date. Around 95% of the CBOE’s orders are normally executed electronically, although floor trading still accounts for a third of its total volume. Earlier last week, electronic trading on the London Metal Exchange was also disrupted for almost two full trading days, following a failure caused by an upgrade. (See: LME rolls back Select after upgrade fault)
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