Europe's indices halt trading as mark of respect
EUROPE/US - European stock exchange indices responded to the tragic events in the US yesterday, by carrying out a one-minute silence and simultaneous halt of trading at 2.45pm CET today.
In London, FTSE's desks and press offices worldwide observed the one minute’s silence, while around Europe, Euronext, in conjunction with Deutsche Boerse, LSE and other exchanges, also asked its staff to observe the silence and not trade during that minute.
In reaction to events in the US yesterday, the general management of the Frankfurt Stock Exchange (FWB Frankfurter Wertpapierbörse) and Eurex - in consultation with other European exchanges, decided, however, to keep both exchanges open for trading today as usual.
A statement, noted: “In a regulated environment, the exchanges provide the ongoing reliable framework for valuation, guarantee the availability of trading for private and institutional investors and enable the hedging of market risks. FWB and Eurex are thus ensuring the viability and functioning operation of the financial markets.”
Eurex also suspended trading in futures and options on the Dow Jones Global Titans index, since more than half of all stocks in the index originate in the United States.
The New York Stock Exchange, Nasdaq and the American Stock Exchange all remain closed today.
In a prepared statement, the exchanges said that, after consultation with the Securities and Exchange Commission, they would announce later today (Wed 12 September) when U.S. equities markets would reopen.
The Chicago, Philadelphia and Pacific stock exchanges also remained closed today