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

[ 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

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