The London Stock Exchange has delayed a major update of its computer systems after fears one its trading platforms was targeted by a saboteur yesterday.
Reports suggest the FSA and the police have been called in to investigate the "suspicious circumstances" surrounding the LSE's high frequency Turquoise trading platform, which stopped trading for two hours yesterday. The LSE is upgrading its systems to fend off competition form other platforms and to retain and build on its majority share of FTSE 100 trading. "Investigations into this morning's trading disruption on London Stock Exchange's pan-European MTF, Turquoise, have revealed that human error was to blame for the disruption. The issue was swiftly isolated," the group says. "P...
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