Chris Skinner's blog Shaping the future of finance
The bad news today is that the LSE cannot trade. Whoops!
Their website shows that they haven’t traded since 9:07 this morning due to connectivity issues, and they’re still struggling to get back online at lunchtime.
The TradElect platform, that major £40 million investment vehicle, may be playing up. And all this happens on one of the heaviest trading days of the year, after the U.S. Government’s takeover of Freddie Mac and Fannie Mae.
No wonder John Waples of the Times and Richard Wachman of the Observer think that Dame Clara Furse’s time is up … or is that just a post-MiFID hangover that she’s been unable to cure?
