Euronext resolves mix up of buy and sell orders on trades struck on Tuesday

By Kanishka Singh

Oct 21 (Reuters)Exchange operator Euronext ENX.PA said that there was mix up of buy and sell orders on a number of trades struck on Tuesday and later told Reuters that the issue was resolved by Wednesday evening as it battled to handle trading glitches after a huge outage earlier this week.

“It has been identified that some of the 19/10 trades sent yesterday to the CCPs (central counterparty clearing house) had the wrong buy/sell direction”, Euronext said earlier on Wednesday.

“Reverse trades will be sent after trading hours in order to neutralize the error”, it added.

“The issue is now solved”, the company said in an emailed statement late on Wednesday.

A series of glitches on Monday disrupted several of Western Europe’s major stock exchanges and raised concerns about the risk of one operator hosting so many bourses.

The outage was at least the

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