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

Nov 04, 2010, 14:35 (4 Talkback[s])
(Other stories by Leo King)

[ 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."

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