index: The benchmark FTSE 100 index, which contains the biggest companies listed in the City, and the medium-sized FTSE 250 index were affected, according to The Guardian. Trading was due to begin at 8am but City workers were left in limbo until 9.40am as LSE technical staff battled to resolve the problem. A software glitch struck the London Stock Exchange early on Friday, leaving investors unable to buy or sell shares for more than an hour and a half. Once the systems were brought online, the FTSE 100 edged into positive territory, gaining 23 points or 0.33% by late afternoon trading. It is the first time trading has been disrupted since June 2018, when the market failed to open for an hour owing to a software glitch. An LSE spokesman confirmed that the outage was the longest since 2011, when the market froze until lunchtime.
(news.financializer.com). As
reported in the news.
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