Stock Exchange says soz for downtime

Trading has restarted on the London Stock Exchange this afternoon after a systems failure closed it for business this morning. At 8.03am the market was paused as technical problems became clear, by 8.33am trading was halted - see our story here. Continuous trading restarted at 12.15pm this afternoon. The LSE said it had …

[pan2008]

I did make a comment on this about a year ago

Saying that they are idiots to bring in a new system when their old system worked. Accenture were expensive but at least it was working. An update to 2008 servers, I understand they were still using SQL Server 2000 would have been a more prudent move. Lets see how they will mop this up, 3 failures in 2 weeks no good!! If you include the Milan failure 4 in 2 weeks.

[Ocular Sinister]

Obligatory Title

That would be true, but the Accenture system wasn't working: MillenniumIT is suffering from integration issues - that is 3rd party data in an unexpected format. These should have been caught in integration testing, but they didn't bring the system to a halt. The Accenture system *stopped* completely on two separate days of heavy trading - the very days when traders have the most to lose or gain.

[pan2008]

heh

stopped twice in 5 years? This is 3 times in 2 weeks.

[Bronek Kozicki]

yes, I do wonder ....

... will there be opening in CTO position soon?

[Chemist]

Except ..

AFAIK Milan uses Windows/.NET

[Chemist]

Link

Borsa Italiana runs on the TradElect system, based on Microsoft .Net and written in C#

http://www.computerworlduk.com/news/it-business/3262202/lses-borsa-italiana-halts-trading-after-price-information-glitch/

[DT]

poor choices of company name...

Millennium... as in "millennium bug"?

Quick, someone bring in an expert from "Divide by zero consulting"

[Anonymous Coward]

Or more like

Millennium as in "Windows Millennium Edition" (my first thoughts anyway)

[Anonymous South African Coward]

Murphy's Law

So that's where Mr Murphy buggered off to...