Having been offline for over two hours ahead of the European close, in a rerun of the market-wide breaks so familiar to US-based traders and which are meant to serve as comprehensive “circuit breakers” blamed on various technical glitches, moments ago – right at the European close – we snarked that Eurex whose Stoxx 50 and Stoxx 600 feeds were mysteriously “offline” for hours, can now reopen. After all, Europe was now closed by definition.
Eurex can "reopen" now
— zerohedge (@zerohedge) July 6, 2016
Not even 5 minutes later, we got confirmation of precisely what we comically thought was about to happen: the Eurex issue had been magically “resolved.” After all, with everything else closed and thus preventing further selling, there was no further need to remain “broken.”
- EUREX SAYS STOXX UNDERLYING FEED ISSUE HAS BEEN RESOLVED
via http://ift.tt/29xZYxg Tyler Durden