London Stock Exchange outage paralyses trading

The London Stock Exchange has been hit by its third system outage since October of this year

The issue affected training in a large number of smaller stocks for around 30 minutes earlier this morning (December 5).

Financial analysts have warned that the company’s credibility going forward due to the series of system outages happening in such quick succession.

In response, the London Stock Exchange said it was “undertaking immediate analysis” of the error at 9.23 am.

The company confirmed that during the error, only FTSE 100, FTSE 250 and IOB securities were available for trading.

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