Blackmail »at yesterday’s Athens Stock Exchange –

‘Blackout’ was noted in Athens Stock Exchange (HA) yesterday (17.03.2025) and in the trading system of shares.

At the first meeting after Moody’s upgraded the Greek economy, the transaction system fell on the Athens Stock Exchange.

The equal holidays at OASI were noted in two phases, with the competent HELEX department informing “technical malfunction”. A new interruption was recorded at 16:17, or at 14:57 according to the ticker of the acts, with the problem not being rehabilitated and closing prices resulting from average calculation.

HELEX rushed to be covered behind the announcement that “… during today’s meeting there was a technical problem in the OASI system. For the proper functioning of the market, it was decided to suspend the meeting until the problem was addressed. For the smooth conduct and completion of the required functions (indicative: Calculation of product and indicators closing prices, production files production and settlement, information and data vendors update) the market will reopen at 17.20. The closing prices will be determined on the basis of the Athex Rules of Procedure and the relevant decisions … “.

However, it is worth noting that despite the occasional such problems there has been no proper back up, although significant funds have been invested by the administration. Also worthy of what would happen at a meeting e.g. of Friday (21.03.2025) with restructuring FTSE/Russell indicators, triple expiration in derivatives. And all this in one day, when the government “advertised” the prospect of integrating the Greek stock market in the Developed Markets.