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Nasdaq Says Tech Issue That Halted Trades for Over Two Hours Is Resolved

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Aaron McDade
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Aaron McDade is a breaking news reporter for Investopedia. He is an experienced journalist who has covered everything from the latest in business and tech news to sports and international news like the war in Ukraine for respected outlets like Business Insider and Newsweek.
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Published March 18, 2024
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Key Takeaways

  • Nasdaq said it resolved a technology issue that caused issues with trading early Monday morning.
  • The stock exchange said it experienced issues with its matching engine, which matches buy and sell orders on an exchange.
  • The issue disrupted trades on the exchange for over two hours Monday morning, and was resolved just after 7 a.m. ET.

Nasdaq (NDAQ) said it has resolved an issue that disrupted pre-market trading for over two hours Monday morning.

The issue started just before 5 a.m. ET and was resolved by about 7:15 a.m., according to the stock exchange's website. Nasdaq said it experienced issues with its matching engine, the part of the system that matches buy and sell orders.

"The Nasdaq Stock Market has resolved its earlier matching engine issues and all systems are operating normally," Nasdaq said in a 7:14 a.m. message on the status website. "Nasdaq will provide a full postmortem when available."

The Nasdaq is one of the largest electronic stock exchanges, and hosts the listing of a number of the biggest tech companies like Apple (AAPL) and Google parent Alphabet (GOOGL).

Monday's outage is the second tech issue in the last several months for Nasdaq, after a December glitch caused inaccuracies and delays that eventually led to some trades being canceled before they could be processed.

Nasdaq did not immediately respond to a request for further comment Monday morning.
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  1. Nasdaq. "."
  2. Bloomberg. "."
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