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London Stock Exchange calls software crisis meeting with furious market data vendors

Feb 28, 2011, 14:03 (7 Talkback[s])
(Other stories by Leo King)

[ Thanks to DMandPenfold for this link. ]

"The London Stock Exchange has called an urgent meeting next week with price data vendors, in an attempt to solve the serious market stock price irregularities appearing on traders' screens since the exchange launched its new trading software.

"The meeting, taking place on Tuesday, will involve many of the major vendors that have been displaying incorrect and blank stock prices. They are expected to address the problems and potential short and long-term solutions.

"Computerworld UK understands that several executives from within the "big four" - Thomson Reuters, Interactive Data, Bloomberg (which said it did not experience problems) and Morningstar..."

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