Stock Exchange says soz for downtime
Back in time for lunch
Posted in Management, 25th February 2011 13:56 GMT
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Trading has restarted on the London Stock Exchange this afternoon after a systems failure closed it for business this morning.
At 8.03am the market was paused as technical problems became clear, by 8.33am trading was halted - see our story here.
Continuous trading restarted at 12.15pm this afternoon. The LSE said it had identified the source of the problem and "gained confidence in the remedial steps needed to restore market connectivity".
Xavier Rolet, CEO of the London Stock Exchange Group, said: "We sincerely regret the inconvenience that today's disruption to trading has caused our customers. We have resolved the real time data dissemination issue and our UK cash equity markets have now resumed trading. "
LSE has recently moved to a new trading platform called MillenniumIT.
There were also trading outages on Tuesday and Thursday last week.
And the LSE had problems in late January too. ®
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COMMENTS
Or more like
Millennium as in "Windows Millennium Edition" (my first thoughts anyway)
Link
Borsa Italiana runs on the TradElect system, based on Microsoft .Net and written in C#
http://www.computerworlduk.com/news/it-business/3262202/lses-borsa-italiana-halts-trading-after-price-information-glitch/
Murphy's Law
So that's where Mr Murphy buggered off to...
heh
stopped twice in 5 years? This is 3 times in 2 weeks.
poor choices of company name...
Millennium... as in "millennium bug"?
Quick, someone bring in an expert from "Divide by zero consulting"
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