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CBOE's delayed open was not a hacking incident: CBOE executive

By Angela Moon

LAS VEGAS (Reuters) - The Chicago Board Options Exchange's delayed open on Thursday was due to software problems and was not the result of a computer hacking incident, a top executive said on Thursday.

"We had some technology problem this morning," Edward Provost, executive vice president & chief business development officer at CBOE, said at an options industry event in Las Vegas.

He spoke about 15 minutes after CBOE had resumed trading in all options at 1 p.m. EDT (1700 GMT).

"I want to assure anyone out there who saw (cable network) CBNC saying that this was a hacking type of situation: That's not the case. It was a software glitch," he said.

(Writing by Ann Saphir; Editing by Gerald E. McCormick)

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