Options Trading News

August 22, 2013  Thu 1:51 PM CT

The Nasdaq says it will reopen the full exchange for equities at 3:25 p.m. ET. There has been no announcement specifically addressing options, but our sister company tradeMONSTER says that at least some option trading will also resume at 3:25 p.m. ET.

"Customers who wish to cancel their orders may do so and any customer who wishes to not participate in the re-opening should cancel their orders prior to the resumption of trading," the Nasdaq said in a email to trading platforms at 2:23 p.m. ET.

The exchange began seeing technical issues earlier in the day and then halted trading at 12:20 p.m. ET. The outage occurred after highly publicized bad trades from Goldman Sachs on Monday, followed by some unusual action involving the CBOE Volatility Index and VIX futures settlement for August contracts yesterday morning. It is not known whether the reasons for these problems are related.

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