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London Stock Exchange news service hit by outage

London Stock Exchange news service hit by outage

 


London Stock Exchange Group's Workspace news and data platform suffered an outage today that affected access for users around the world, causing disruption to financial markets.

In a customer service announcement, the company said it was experiencing a global technical issue linked to a third party that was affecting some services, although trading on the London Stock Exchange was not affected.

This came as a major IT outage affected businesses around the world.

The LSEG outage also meant that updates from the company were not being published to markets via its Regulatory News Service, while signs of disruption in one of the world's busiest financial centres emerged as trading in London resumed.

Reuters contacted several of the world's largest banks to check on the status of their trading activities, including JPMorgan, HSBC, Goldman Sachs and Barclays, but none of the lenders immediately responded to requests for comment.

A London-based trader said several multilateral trading systems were affected by the outage, leaving some clients unable to trade.

“We are experiencing the worst breakdown of any global market,” the trader added.

During Asian trading hours, LSEG said its news services were experiencing a global technical issue that was preventing news from being published on its platform.

Separately, LSEG said it was experiencing technical issues while publishing its spot and futures prices for currencies earlier this morning.

“This matter is currently under investigation and we will provide further information as soon as possible,” LSEG said in a message to clients seen by Reuters.

London's FTSE 100 index opened later than usual this morning. It normally starts at 8am but did not start trading until 8.20am.

Eurozone indices opened normally, with Frankfurt's DAX, Paris's CAC and Euronext Dublin all opening with losses.

The Swiss stock exchange group also said today that its systems are operating normally.

Sources

1/ https://Google.com/

2/ https://www.rte.ie/news/business/2024/0719/1460765-london-stock-exchange/

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