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KCG Europe offices hit by three-hour power outage

KCG told customers to route orders away from European operation after backup failed

KCG Holdings lost power in its main London building on Monday, causing customers to route orders away from the firm for more than three hours.

KCG told traders just before 2pm local time in London that it lost power in its London offices and was running on backup power, according to a note to customers reviewed by The Wall Street Journal. The firm said it was working to switch power to generators.

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