Feeds

Millennium bugs hit stock exchange

Crashing like it's 1999

High performance access to file storage

The London Stock Exchange suffered a second day of problems yesterday as its new trading platform struggled to function again.

On Tuesday the market failed to close correctly, causing confusion over closing prices for brokers and traders.

Yesterday the MillenniumIT system displayed zeroes against some bid and ask prices, according to City AM.

The low latency system is based on SUSE Linux Enterprise Server from Novell. It replaced a Microsoft.NET system built by Accenture. That system also had its share of problems.

Trading and news systems like Thomson Reuters which depend on LSE data apologised to customers for the outage.

TD Waterhouse told the FT: "Currently a technical issue between the LSE and one of our data providers is affecting stop loss orders on UK stocks. As an interim measure we have taken the decision to manage the existing orders on our book and stop taking new orders."

The exchange suffered a mysterious two-hour outage back in November when it switched over its Turquoise system to MillenniumIT. But that was blamed on "human error", which the exchange claimed was likely sabotage. ®

High performance access to file storage

More from The Register

next story
Android engineer: We DIDN'T copy Apple OR follow Samsung's orders
Veep testifies for Samsung during Apple patent trial
Microsoft: Windows version you probably haven't upgraded to yet is ALREADY OBSOLETE
Pre-Update versions of Windows 8.1 will no longer support patches
OpenSSL Heartbleed: Bloody nose for open-source bleeding hearts
Bloke behind the cockup says not enough people are helping crucial crypto project
Half of Twitter's 'active users' are SILENT STALKERS
Nearly 50% have NEVER tweeted a word
Windows XP still has 27 per cent market share on its deathbed
Windows 7 making some gains on XP Death Day
Internet-of-stuff startup dumps NoSQL for ... SQL?
NoSQL taste great at first but lacks proper nutrients, says startup cloud whiz
US taxman blows Win XP deadline, must now spend millions on custom support
Gov't IT likened to 'a Model T with a lot of things on top of it'
Microsoft TIER SMEAR changes app prices whether devs ask or not
Some go up, some go down, Redmond goes silent
prev story

Whitepapers

Mainstay ROI - Does application security pay?
In this whitepaper learn how you and your enterprise might benefit from better software security.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Mobile application security study
Download this report to see the alarming realities regarding the sheer number of applications vulnerable to attack, as well as the most common and easily addressable vulnerability errors.