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Thursday, November 26, 2009

London stock trading suffers outage - News Wires - CNBC.com

Is this foretelling a more significant market decline tomorrow and Monday.

London stock trading suffers outage - News Wires - CNBC.com: "LONDON - The London Stock Exchange PLC halted trading for three-and-a-half hours on Thursday after a technical glitch prevented some customers from connecting to its systems.

The LSE, Europe's oldest independent exchange, said taking trade offline was the only way to ensure a fair and orderly market after customers reported the connectivity problems in early trading.

The exchange is still looking into the root cause of the embarrassing outage — the second significant technical problem in just over a year — and said it was too early to judge the extent of the effect on trade or lost business.

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