ASX trade halted by technical glitch

The Australian Securities Exchange (ASX) has been halted by a technical glitch that affected confirmation messages being received after trades were executed.

An ASX spokesman told iTnews the market was halted at 2.48PM.

The problem was not impacting the actual execution of trades, the spokesman said.

"The market was halted because the confirmation messages for the execution of trades that are normally received by the market and participants weren't being received for some stocks," the spokesman said.

"Even though it was only affecting part of market, the market had to be halted to rectify the problem. Our technical people are working on it."

A report by the Wall Street Journal suggested trade was unlikely to resume today.