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TimberWolf
26th November 2009, 13:31
http://www.moneyweek.com/news-and-charts/market-data/ftse/market-overview/market-overview-lse-trading-suspended-091126-1243.aspx

Caused by connectivity issues apparently. Also it was plunging like a heavy plunging thing just before technical difficulties arose. It's probably nothing though. Does this sort of thing happen often?

rootsnall
26th November 2009, 13:36
Does this sort of thing happen often?

No. They must actually test the s/w. It'll be interesting to see what has happened ?

TimberWolf
26th November 2009, 13:36
WTF, the thread took so long to appear I ended up with a duplicate.

threaded
26th November 2009, 13:37
WTF, the thread took so long to appear I ended up with a duplicate.

Yes, the fabled 'second coming'.

Mich the Tester
26th November 2009, 13:39
This happened on Amsterdam's AEX a couple of weeks ago. Coincidentally or otherwise, ING's shares were disappearing down the bog at the time and the AEX claimed there was a ´technical fault due to too many sale orders coming in at the same time for one company´s shares´.

Sysman
26th November 2009, 13:43
Explanation (http://www.microsoft.com/uk/getthefacts/lse.mspx)

Let's not forget what happened on the 8th September 2008 (http://www.reuters.com/article/ousiv/idUSL01084620080908)

Mich the Tester
26th November 2009, 13:44
Explanation (http://www.microsoft.com/uk/getthefacts/lse.mspx)
thanks

"support from Microsoft and Accenture"

NickFitz
26th November 2009, 13:50
Explanation (http://www.microsoft.com/uk/getthefacts/lse.mspx)




Benefits

Substantially faster for trades than previous system
One hundred per cent reliable on high-volume trading days



Presumably this isn't a high-volume trading day, hence the fallback to 0% reliability :eyes

RichardCranium
26th November 2009, 13:53
Presumably this isn't a high-volume trading day, hence the fallback to 0% reliability :eyesI think you'll find (I hate that expression) it is currently still at 100% reliability.

Just as trains that are cancelled do not count as 'late' but as 'on time'.

Mich the Tester
26th November 2009, 13:54
Phone to to Accenture's helpy-desky in Bangalore;

Sys Admin; 'Erm, hello, I'm the systems admin at the London Stock Exchange, we have a complete system crash and everyone has a blue screen of death'.

Bob S; ' Yessir, we are understanding your challenge today, will you be kindly pressing Ctrl-Alt-Delete and restarting your computer'

Sysman
26th November 2009, 13:58
Explanation (http://www.microsoft.com/uk/getthefacts/lse.mspx)

Let's not forget what happened on the 8th September 2008 (http://www.reuters.com/article/ousiv/idUSL01084620080908)


LONDON (Reuters) - The London Stock Exchange (LSE.L) suffered its worst systems failure in eight years on Monday, forcing the world's third largest share market to suspend trading for about seven hours and infuriating its users.

In a former existence I was privy to the details of the one eight years previously. Yes there was a human cockup (and a fix was suggested to make sure it didn't happen again), but the length of the outage came from a lack of management decision to bite the bullet and roll back early enough.

But that was before the Microsoft/Accenture thingy.