Future Tech

London stock market trading resumes after small cap outage

Tan KW
Publish date: Tue, 05 Dec 2023, 07:00 PM
Tan KW
0 460,966
Future Tech

MILAN/LONDON -The London Stock Exchange said on Tuesday regular activity had resumed after a brief outage affected its trading and information system and disrupted small-cap stock trades, the second such incident in less than two months.

The FTSE small cap index was subject to a trading halt during the outage, affecting some 222 stocks, including Tullow Oil, CMC Markets and Marston's.

"Impacted securities are now in regular trading," LSEG said in a notice published on its website.

An LSEG spokesperson did not comment beyond the notice.

FTSE 100, FTSE 250 and International Order Book securities - shares listed in London by overseas companies - had continued to trade normally, the exchange said.

It is the second time LSEG has flagged a disruption to trading in smaller stocks on the London market in less than two months. On Oct. 19, an outage was caused by a technical problem, according to LSEG.

In 2019, the London Stock Exchange suffered an almost two-hour outage that hit FTSE 100 and midcap stocks, which LSEG said was caused by a “technical software issue”.

Thomson Reuters, which owns Reuters News, has been a shareholder in LSEG since 2021. LSEG also pays Reuters for news stories.

 


  - Reuters

 

Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment