Network failure halts London Stock Exchange trading
Written by Phil on September 18, 2008 in Business Continuity.
London Stock Exchange hit with connectivity issue on potentially one of its busiest trading days
by Mike Simons, Computerworld UK
The London Stock Exchange suffered a breakdown on September 8, 2008 on what looked set to be one of the busiest trading days of the year.
The exchange suspended trading as dealers reacted to the dramatic economic news that the U.S. government had taken over control of mortgage groups Freddie Mac and Fannie Mae, in the biggest financial bailout in world history.
Network failure halts London Stock Exchange trading
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If Telecommunications and Network reliability and disaster management are worrying you, see Disaster Management in Telecommunications, Broadcasting and Computer Systems, by Galal El Mahdy
