THE TELEGRAPH: Trading on the London Stock Exchange has been halted after a computer system failed on one of the most frantic days of trading so far this year.
In an embarrassment for the LSE, the exchange said that no orders can be entered or executions of those trades occur. The LSE plans to bring back trading in a “controlled way’’, but couldn't say how long that will take.
The computer crash left the exchange's customers fuming on a day of heavy trading following the US government's bail-out of mortgage lenders Freddie Mac and Fannie Mae. London Stock Exchange Trading Hit by Computer Crash on Frantic Day >>> By Jamie Dunkley | September 8, 2008
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