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TMX Group says all systems ready to go for start of trading today

TORONTO -- Trading on the Toronto Stock Exchange is expected to start on time this morning after the market was shut down early on Friday due to a technical problem.

TMX Group, operator of the exchange and other markets, says a hardware failure was the cause of the issue that forced it to end the trading day early at the end of last week.

It says the failure affected both the primary and the redundant components.

But, the company says the defective module has been replaced, tested and will be ready to go at the start of trading today.

In addition to the Toronto Stock Exchange, the problem affected the TSX Venture Exchange, the TSX Alpha Exchange and the Montreal Exchange, which is Canada's largest market for trading derivatives.

TMX Group says the outage began on the Montreal Exchange on Friday afternoon and affected the other markets about two minutes later.

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