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'Hardware failure' hits Deutsche Börse cash platform

This morning's outage on Xetra marks the latest in a slew of technical problems to have afflicted Europe's trading infrastructure during the past year

Deutsche Börse's Xetra this morning became the latest trading platform to succumb to technical problems after it suffered a two-hour outage due to "hardware failure".

The Xetra platform began operating at 08:00am central European time but at 08:33 the exchange noted on its message board that it was suffering from a "failure" in the Xetra trading system. Just before 09:00 the exchange announced it would delay the opening of the market, which resumed at 10:15 with a five minute auction.

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