LSE trading pool crash due to 'human error' | Linux Today

LSE trading pool crash due to ‘human error’

Written By
Web Webster
Web Webster
Nov 3, 2010

“A Linux-based trading platform at the London Stock Exchange was
knocked offline for two hours on Tuesday due to human error, in
what may have been suspicious circumstances, the stock exchange
said on Tuesday.

“The trading platform — named Turquoise — has been
running on a new Linux-based system for the past two weeks. It was
rendered inaccessible to market members for two hours on Tuesday,
between 8:23am and 10:30am, the London Stock Exchange Group (LSEG)
said in a statement.

“Turquoise is a pan-European trading platform based in London.
It has a ‘dark pool’ trading component that allows members to
“place large orders for trades which are not made known to the
market until after the trade has been executed”, a spokesman for
the London Stock Exchange told ZDNet UK on Wednesday.”


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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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