Bloomberg News

Nasdaq OMX PHLX Delays Opening for Options Floor Trading

August 06, 2012

Nasdaq OMX Group Inc. (NDAQ:US) said it delayed the opening for floor trading on the Nasdaq OMX PHLX because of an issue with the floor-based systems.

The alert that trading was suspended went out at 9:48 a.m. New York time, according to an e-mail from the company. Electronic trading is “functioning normally,” the New York- based company said.

Nasdaq OMX PHLX accounted for 19 percent of U.S. options trading, including indexes, last month, according to data compiled by Bloomberg. Rob Madden, a spokesman for Nasdaq, declined to comment beyond the company’s notice.

To contact the reporters on this story: Whitney Kisling in New York at; Nina Mehta in New York at

To contact the editor responsible for this story: Nick Baker at

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Companies Mentioned

  • NDAQ
    (NASDAQ OMX Group Inc/The)
    • $48.69 USD
    • 0.83
    • 1.7%
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