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This Article is From Oct 10, 2020

Mexico Stock Exchange Halts Trading After Engine ‘Disconnection’

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.

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