Monday, September 8, 2008

London Stock Exchange trading system fails

A “connectivity issue” halted trading on the London Stock Exchange for the longest period in over eight years, “amid a day of frenzied trading as dealers responded to [the previous] night's rescue by the US Government of Fannie Mae and Freddie Mac.”

See, "London halts trading after shares surge on US bailout," Times Online, Sept. 8, 2008, at http://business.timesonline.co.uk/tol/business/markets/article4703130.ece.

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