Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Problems Experienced On Tuesday 9 November 2004 JSE Sets And Infowiz

Date 09/11/2004

Due to a problem experienced with the JSE’s primary and back-up transatlantic communication links, trading on the equities market was halted at approximately 15h29.

The communication link problem was corrected and the members were able to reconnect and commence the recovery of their systems.

As there were sufficient members ready to trade, the market re-opened at 17h30. During the course of this period, certain members experienced difficulty in trading and the market fairness equation was revisited. At this stage it was determined that a fair market did not exist and the decision was taken to close the market for the day.

The JSE regrets and apologises for any inconvenience this may have caused.

Confinity_sky1-min.gif MV 120 X 600 Hard to Reach BT_Radianz_120x600_Jul23.jpg
Confinity_sky1-min.gif MV 120 X 600 Hard to Reach BT_Radianz_120x600_Jul23.jpg