For the second time in six trading days, Borsa Italian's derivatives market had to cease trading on August 11. According to The Financial Times, the bourse reported that a technical error had made equity instruments on its derivatives arm, IDEM, un-tradeable.

The systems of many trading venues have been dealing with unprecedented volumes and data input. As global exchanges are trying to update their computer systems to be faster and more efficient, technical issues have become more prevalent in the past few months.

The Italian exchange, which is owned by the London Stock Exchange, has undergone difficulty recently, in part due to high trading volumes, according to the news outlet. Despite being owned by the LSE, the exchange has been using a different trading platform to London, through Canadian TMX Group-owned derivatives technology.

Italy's troubles echo technical glitches in other exchanges globally, including Chi-X Canada, NYSE Euronext and Nasdaq OMX, according to the August 11 report.

One week ago, the exchange experienced similar glitches, and had to suspend its MIB 30 index right before close, after giving no reason. Given the high volatility in recent weeks, the exchange also suspended trading on UniCredit, Fiat, Pirelli and Mediolanum, just a few of Italy's largest companies, according to an August 4 Financial Times piece.