London Stock Exchange contractor ‘suspended’ after massive network incident hits | Linux Today

London Stock Exchange contractor ‘suspended’ after massive network incident hits

Written By
Web Webster
Web Webster
Nov 4, 2010

[ Thanks to An Anonymous Reader for
this link. ]

“An IT contractor has reportedly been suspended by the London
Stock Exchange following a huge network hit between Monday night
and Tuesday morning.

“The network was floored, knocking a key Linux trading platform
out of action and bringing a halt to the largest technology
transformation at the exchange in 25 years

“The police and the Financial Services Authority are aware the
incident. The City AM newspaper said it had been informed of the
suspension of the LSE IT worker, but the exchange today declined to
comment on staff matters.

“The stock exchange’s Turquoise dark pool, or anonymous trading
venue, was taken offline for two hours on Tuesday morning, and
later that day the LSE said it was delaying a key migration to open
source systems until next year.”


Complete Story

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.

Linux Today Logo

LinuxToday is a trusted, contributor-driven news resource supporting all types of Linux users. Our thriving international community engages with us through social media and frequent content contributions aimed at solving problems ranging from personal computing to enterprise-level IT operations. LinuxToday serves as a home for a community that struggles to find comparable information elsewhere on the web.

Property of TechnologyAdvice. © 2026 TechnologyAdvice. All Rights Reserved

Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.