Deutsche Boerse suffering “serious issues” as start of trading delayed

German exchanges operator Deutsche Boerse was hit with “serious issues” with equities and futures trading this morning, delaying the opening of markets.

In a note to traders, Deutsche Boerse said it was “currently experiencing technical issues” on its Eurex T7 trading system. The Boerse Frankfurt tweeted that there was a delay in the opening of Xetra trading and trading would start at 9.30am CET.

We’re experiencing a delay in the opening of #Xetra #trading this morning. Trading will start at 9:30am: https://t.co/gWFC6wXZIp— Börse Frankfurt (@boersefrankfurt) March 16, 2018

Siemens’ health unit was due to make its public markets debut today, with Deutsche Boerse tweeting this morning that the IPO would be “a big one”.

#IPO day @boersefrankfurt and it’s a big one: @SiemensHealth is #goingpublic today #ListedInFrankfurt pic.twitter.com/V9lTVrG52Y— Deutsche Börse Group (@DeutscheBoerse) March 16, 2018

A spokesperson for the exchange group said that the technical issues had been “contained” by 8.15am CET, as systems had been restarted. Futures trading began more than an hour late at 9.20am CET, while the cash equities market opened shortly after 9.30am CET.

The Siemens Healthineers float eventually went ahead.

Eurex has suffered problems in the past. A glitch also caused delays in December, while in 2013 the platform had to be shut down for more than an hour due to a time-keeping issue.