Liffe suffers four hour trading outage


Liffe suffers four hour trading outage

Antony Savvas

The Euronext Liffe London futures exchange suffered a four hour outage on Monday after monitoring systems for trades broke down.

The outage lasted from 7am until 11.15am, with many trades having to be cancelled by the exchange, after they slipped through the net when most trades were blocked following the outage.

This happened after the market opened automatically before the shutdown was fully completed by the exchange, as it sought to fix the trade monitoring outage.

Some trades on some markets carried on for a full 20 minutes before Liffe could complete the shutdown.

This was the first major outage since last December, when an outage lasted an hour, but there have been other minor outages since then.

Liffe wins patent battle for online trading platform >> 

Exchange sued by former employee over trading platform >>

Euronext Liffe London futures exchange >>

Comment on this article:


Email Alerts

Register now to receive IT-related news, guides and more, delivered to your inbox.
By submitting your personal information, you agree to receive emails regarding relevant products and special offers from TechTarget and its partners. You also agree that your personal information may be transferred and processed in the United States, and that you have read and agree to the Terms of Use and the Privacy Policy.

COMMENTS powered by Disqus  //  Commenting policy