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London Stock Exchange hauled offline after major data problem

Feb 25, 2011, 17:03 (3 Talkback[s])
(Other stories by Leo King)

"The London Stock Exchange stopped trading this morning immediately after the opening auction, which experienced a major technical glitch.

"The news comes at the end of the second week of trading on the exchange's new Millennium trading system. Over the last fortnight, anger has been growing after large vendors that supply price data to the market continually experienced significant technical difficulties, including displaying entirely inaccurate and blank prices.

"The LSE said the nature of the technical problem had not been established, though it told traders of a "market data issue"

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