ISE trading platforms suspended after power surge

15 Oct 2007 email

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International Securities Exchange (ISE)’s trading platforms fell down on 12 October after a power surge at the exchange’s New Jersey site.

Both ISE’s options and equities platforms fell victim to the surge, and trading was suspended at 10.16am local time.

The exchange said that it continued communication with its members throughout, eventually restoring connection to both markets at 12pm.

The exchange reiterated its commitment to preventing a reoccurrence of the phenomena. “ISE has undertaken a thorough review of the cause of the issue and will take all necessary steps to prevent a recurrence,” read an ISE statement.

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