Displaying items by tag: stock exchange

Facebook's parent company Meta experienced its biggest one-day loss in trading since it debuted on Wall St in 2012. The company saw a whopping 26% slump, taking $332 billion $US237 billion) off its market value. Zuckerberg saw a $40 billion loss.

The Australian Stock Exchange has put off a switch to a new blockchain-based system which it had last said would come on stream in April 2022.

New Zealand's stock exchange has been hit by a distributed denial of service attack on Wednesday morning which forced the exchange to go offline for about an hour.

The Australian Stock Exchange has put off switching on its new blockchain by about six months, after a public consultation process showed that market participants had some apprehensions about moving to the new system in the final quarter of 2020.

A hardware failure in the equipment running its main database led to the Australian Stock Exchange being able to operate only roughly half the day on Monday.

Shares in online discount retailer Kogan crashed by more than 16% in their first day of trading on the ASX on Thursday, plunging from the listing price of $1.80 to just $1.50 when the market closed.

Yet more changes are afoot in Australia's capital markets, as 2011 looks set to become an evolutionary year for antipodean venues.