Bloomberg News

Liquidnet Halted U.S. Stock Trading After Technical Problem

December 14, 2011

(Updates second paragraph to say trading has resumed.)

Dec. 14 (Bloomberg) -- Liquidnet Holdings Inc., which runs a private platform known as a dark pool, said a technical problem caused it to halt trading in U.S. stocks today, according to an e-mailed statement.

The company said it has resolved the issue, which began at about 9:40 a.m. New York time, and has resumed trading, according to the statement.

“This was an anomaly and we have taken steps to ensure it does not happen again,” Liquidnet said.

--Editor: Nick Baker

To contact the reporter on this story: Nina Mehta in New York at nmehta24@bloomberg.net

To contact the editor responsible for this story: Nick Baker at nbaker7@bloomberg.net


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