Usually the market breaks don't take place until after the selling begins. Today, someone in Europe got triggerhappy, and as a result moments ago the Euronext broke. Or perhaps this is just another drill for the "big one".
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The details [3]:
SERVICES IMPACTED: Market Data, Trading
MARKET: Euronext Derivatives Markets
PRODUCT: Commodity Futures, Commodity Options, Currency Futures, Currency Options, Individual Equity Options Brussels, BEL20 Futures, PSI Futures, BEL20 Options, Index Dividend Futures, Single Stock Dividend Futures, Belgian Single Stock Futures
CATEGORY: Data issue
Due to a market data issue, trading has been halted on the BO,BF,FF,FO,MF,YF,YO,RF,ZF,ZO,SF exchanges until further notice.
As a consequence, all orders other than GTC's were removed from these products.
We are working to resolve this issue and we will provide an update as soon as possible regarding the expected pre-opening time and resumption of trading.
For your information, before any trading resumption, there will be a pre-opening phase of at least 15 minutes.
Trading on all Cash instruments is taking place as normal.