December 17, 2008

Ha-ha! Gone fishin’!

Toronto Stock Exchange and TSX Venture Exchange will not resume trading today due to continuing technical issues with its data feeds.

The market will be put into a Pre-Open state from 3:00PM to 5:00PM to allow participants the option of cancelling, adding or changing orders.

The company intends to open the exchanges tomorrow morning.

Additional information on the nature of the problem will be provided when the investigation is complete.

and:

TMX Group technology team has isolated the issue that resulted in the halt of trading on Toronto Stock Exchange and TSX Venture Exchange. Remedial action was taken to restore all data feeds at 3:41PM, and the company confirms that the Exchanges will open on Thursday, December 18, 2008 as per normal.

Initial findings indicate a network firmware issue resulted in complications with data sequencing, which impacted the delivery of the Level 1 data feeds.

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