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EXTRA: Technical glitch freezes London trading on crucial day


Published :
Mon, 08 Sep 2008 10:01
By : own author
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London - The London Stock Exchange (LSE) came to a halt for several hours Monday, following a technical glitch in the computerized trading system, the LSE said. Trading was suspended for up to four hours as clients experienced difficulty accessing market data on a hectic day dominating by market reaction to the US government's bail-out of mortgage giants Fannie Mae and Freddie Mac.

"We have had some connectivity issues which we are continuing to investigate. We hope to resolve them as soon as possible. We are bringing back the market in a controlled way."


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