Aust share market set for smooth open: ASX

The ASX says a hardware failure in its main database, which caused large interruptions for share trading on Monday, has now been fixed.

The Australian share market is expected to trade normally after a being rocked by delays and disruptions.

The ASX says a hardware failure in its main database, which caused all shares on the exchange to be fully tradable for just over an hour on Monday, has now been fully resolved.

"Participants have been able to connect from 2:25 am (AEST) and all systems are performing as expected," the ASX said in a statement on Tuesday.

"Participants are able to complete their normal recovery process and query their firm order book from the time they connect.

"Participants will also be able to query all trades from the previous trading day."

The exchange operator said it could also provide investors with a file of last trade prices from Monday after it went on hold at 1413 on Monday before closing early for the day 90 minutes later.

Up to $3.5 billion in turnover may have been lost because of Monday's glitches.


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Source: AAP


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