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Microsoft Outage Disrupts Indian Brokerages and Global Trading Desks

A severe Microsoft service disruption on 13 November 2026 downed Outlook, Teams and Copilot, forcing traders worldwide to revert to manual communication methods. Indian brokerages faced operational delays while global financial workflows stalled.

Illustration: AI-generated

The short version

  • The outage affected Microsoft's Outlook, Teams and Copilot systems on 13 November 2026.
  • Indian brokerage IIFL Capital Services warned clients of delays in responding to emailed queries.
  • Traders in Singapore and Tokyo reverted to phone, fax and WhatsApp to complete deals.
  • Microsoft reported seeing positive results with efforts to restart affected infrastructure.
  • The specific cause of the outage remains unidentified.

Why it matters: The disruption affected critical infrastructure for banks and governments worldwide, introducing immediate operational delays for Indian market participants amid a volatile trading week.

On this page
  1. The short version
  2. Sources and further reading
  3. Frequently asked questions

Microsoft’s severe service outage on November 13 disrupted Outlook and Teams, delaying responses from Indian brokerages and hindering global financial workflows.

The disruption affected critical infrastructure for banks and governments worldwide, forcing a return to manual communication methods while Microsoft worked to restore services. For Indian market participants, the blackout brought immediate operational delays during an already volatile trading week.

On Nov 13, Microsoft’s flagship software was knocked offline in one of the company’s most serious recent disruptions. Outlook, Teams and Copilot were affected.

Trading-desk workflows were disrupted, corporate disclosures held up and email became unavailable to Japan's Ministry of Finance. Some banks in Singapore could not complete financing deals, traders reported.

It’s been a bit of a disaster and I can’t believe still not resolved

Rita ElkazziUBS Group AG execution-sales head for Australia and New Zealand

As Microsoft's systems went offline, CMC Markets traders resorted to "old-school" trading. Eugene Koh, sales trader at CMC Markets Singapore, said everyone was back on the phone, and WhatsApp chats were busier than usual.

A quick email exchange could now require a phone call, Koh said, adding several minutes to the process. That change significantly reduces communication efficiency in high-frequency trading environments.

Something that normally takes a second on email might now take a phone call and a few minutes to get through.

Eugene Kohsales trader at CMC Markets Singapore

Trading was largely unaffected, said BNP Paribas Asset Management's Tokyo-based senior bond strategist Ryutaro Kimura, but a backlog of confirmations caused settlement problems for back offices. Desks continued to execute trades by phone and fax.

The outage also disrupted Japan's shared government IT platform, and the finance ministry said it was unable to receive emails. Volatile markets kept traders on edge during the week, amid fluctuations in AI stocks and bonds.

Outlook is the appendix of the modern financial operations world

Calvin Yeohportfolio manager at hedge fund Blue Edge Advisors

So aside from the entire front to back infrastructure of global finance being crippled, and with Nvidia melting down and rates markets going wild this week, yeah it’s been all good.

Calvin Yeohportfolio manager at hedge fund Blue Edge Advisors

Downdetector logged about 200,000 reports of user issues involving Microsoft services, making the disruption one of the company's most severe. Microsoft said in an update that it was "seeing positive results with our efforts to restart affected infrastructure."

Microsoft first worked to pin down the problem and evaluate possible fixes, then said it was restarting affected infrastructure. Hours into the outage, access to some flagship software hadn't been restored.

Microsoft shares were down 0.4% in extended trading. Previous Microsoft disruptions have rarely lasted more than several hours.

Outage Severity Comparison

Current Outage

13 November 2026

200,000 reports

  • Affected Outlook, Teams, Copilot
  • Global trading disruption
  • Government IT impacted

Previous Disruptions

Historical average

Several hours

  • Rarely lasted long
  • Limited scope
  • Faster resolution

The situation would enter the red zone if the outage lasted more than 24 hours, Goh said. The cause of the outage hasn't been identified.

  1. 13 NovOutage begins

    Microsoft suffers severe disruption to flagship software.

  2. Hours laterStruggles continue

    Microsoft struggles to restore access to some software.

  3. UpdateRestart efforts

    Microsoft restarts affected infrastructure and sees positive results.

What we know

  • Microsoft Outlook, Teams and Copilot were down on 13 November 2026.
  • About 200,000 user issues were reported on Downdetector.
  • Microsoft shares fell 0.4% in extended trading.

Still unclear

  • The specific cause of the outage.
  • Whether the disruption will exceed 24 hours.

Sources and further reading

  1. Microsoft outage gums up markets, forces traders to use phones (opens in a new tab) The Hindu BusinessLine
  2. Microsoft outage gums up markets, forces traders to use phones (opens in a new tab) The Straits Times
  3. Microsoft outage disrupts global financial markets and trading desks, forces traders to use phones (opens in a new tab) Hindustan Times

This article was prepared by the GlobePrism editorial team from the public reporting linked above. How we report

Frequently asked questions

How did the outage impact Indian brokerages?

A few Indian brokerages sent out alerts about the potential impact on their services, with IIFL Capital Services telling clients there could be a delay in responding to emailed queries.

What alternative communication methods did traders use?

Traders reverted to phone, fax and WhatsApp chats to complete deals and communicate with clients.

How severe was this outage compared to previous ones?

The outage attracted about 200,000 reports on Downdetector, ranking among the company's most severe, whereas previous disruptions rarely lasted more than several hours.