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LSE says hardware, not software, caused systems to fail this time

Online Editor

The London Stock Exchange has worked overnight to fix a faulty hard-drive storage system it says was behind multiple trading outages on 5 December.

 on the exchange yesterday, as the bourse encountered technical issues for the second time in as many months.

London Stock Exchange works overnight to repair hardware after trading outages

London Stock Exchange repairs hardware overnight after trading outages

Justin Cash

London Stock Exchange

Chicago Board Options Exchange

Central Banking

Currencies

Stock Market

Former Soros executive Abbas Zuaiter plans macro hedge fund launch

Meet the most influential women in fintech and crypto 

Revealed: Most influential female hedge fund managers in Europe 

Former Goldman Sachs executive Amar Kuchinad joins crypto firm Copper as CEO 

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Former Goldman Sachs MD Amar Kuchinad joins crypto firm Copper as CEO

Dmitry Tokarev has stepped back from his role as chief executive after seven years

Kirkland loses regulatory partner to Paul Weiss 

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Kirkland has been raided by Paul Weiss since it kicked off its English law offering last summer

BNP Paribas dealmaker McNaught departs in UK advisory shake-up

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The French bank has added a further two managing directors amid reshuffle in UK deals team

The regulator’s former enforcement director becomes a partner at Milbank after three years pushing fines higher at the SEC.

SEC’s Grewal Moves to Wall Street After Turning Tough as Its Overseer

Inflation in the U.K. fell below the Bank of England’s 2% target in September for the first time in more than three years, making an interest-rate cut next month more likely.

U.K. Inflation Falls to Below BOE Target, Setting Up Rate Cut

The regulator said it is concerned that the part of the market that allows people to pay for insurance in installments might not be providing fair value to more than 20 million customers.

U.K. Regulator Starts Review Into Motor and Home Insurance Market

Fate of Lina Khan’s Bid to Reshape Antitrust Comes Down to Election

Chinese stocks have gone from ice-cold to red-hot in a matter of weeks, but it might be driven by momentum rather than enough stimulus to solve China’s economic woes.

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