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

Written By
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Web Webster
Web Webster
Feb 28, 2011

[ 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…”


Complete Story

thumbnail
Web Webster

Web Webster

Web Webster has more than 20 years of writing and editorial experience in the tech sector. He’s written and edited news, demand generation, user-focused, and thought leadership content for business software solutions, consumer tech, and Linux Today, he edits and writes for a portfolio of tech industry news and analysis websites including webopedia.com, and DatabaseJournal.com.

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