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Coincidence or not, LSE went down for 7 hours last year 7 days bfore lehman collapsed...
Haha... Someones are selling big... why???
You guess...
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Nov 26 (Reuters) - Share trading on the London Stock
Exchange has been halted by technical difficulties, a
spokesman for the bourse operator said on Thursday.
As a result, all order-driven securities were placed in an
auction call period at 1038 GMT, with all share prices currently
to be considered indicative, he added.
The FTSE 100 index level frozen at 5,264.97, down
99.84 points, or 1.9 percent, and while the FTSE 250 value is
changing, this is due to exchange rate movements rather than
price changes, the LSE said in a service alert.
In addition, the distribution of all FTSE UK Series
real-time index values is also affected, the bourse operator
said.
The length of the auction call period has not yet been
decided. However, a minimum of 30 minutes notice will be
provided ahead of the scheduled uncrossing time, LSE added.
In September last year the LSE suffered its worst systems
failure in eight years, causing the share market to suspend
trading for about seven hours and infuriating its users.
'Trading has been inoperative for over an hour. It has also
affected platforms such as Chi-X, and Project Turquoise, leaving
the entire market moribund,' David Buik, senior trader at BGC
Partners said.
Another alternative trading platform, BATS Europe said that
trading in LSE stocks on its platform is still active despite
the LSE's technical outage.
'BATS Europe encourages participants to continue trading in
LSE stocks ... Regular trading in all markets is not impacted
and all other systems are operating normally,' the trading
platform said. |
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