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London Stock Exchange floored, again

Up and down like a ...

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The London Stock Exchange is currently closed thanks to the failure of its trading platform.

Technically it's in a "halt phase" meaning orders can be cancelled but new orders cannot be made, nor can automatic trading happen.

At 8.03 this morning the market was paused as technical problems became clear, by 8.33am trading was halted.

A spokeswoman for LSE told us: "This is a market data issue with the LSE platform, separate to the bourse problems. We're working on fixing it now and will update the market before we restart trading."

The exchange, which has recently moved to a new Linux-based system called MilleniumIT, failed last Thursday.

And it failed to correctly close the market on Tuesday.

Oh, and there were some problems in January too ... ®

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