Reply to: LSE feeds frozen

[ace00]

Statement from the London Stock Exchange

"On Monday 8 September 2008 there was a combination of simultaneous technical events which impacted the stability of connections between a number of our member firms and the central trading system.

As a result, the Exchange suspended market wide connectivity to prevent disorderly trading and undertook corrective action. Sufficient customer connectivity was re-established for trading to resume at 16.00, However, we brought forward the closing call period to 16.21 due to further connectivity difficulties being experienced by some firms. The closing auction uncrossed shortly after 16.35, as per standard schedule. On Monday evening the Exchange implemented software enhancements designed to prevent the recurrence of this problem, and trading resumed without issues the following day.

We very much regret the disruption this series of events may have caused and wish to assure you that we remain fully focused on ensuring that we deliver the exceptionally high levels of reliability that our customers have come to expect, through rigorous and continuous testing of all aspects of the trading system. We would also like to thank our customers for their close co-operation in expediting the resolution to this issue."

[Sysman]

Are you sure about that? Just because it is reported like that does not mean it is correct.

There could be any number of reasons for hiding the reality of the situation, not the least of which is trader confidence and possibly a legal requirement to stop trading if the software is crap.

DO NOT BELIEVE EVERYTHING YOU READ IN THE PRESS.

To quote from that article:

Trading was stopped on Monday until the final half hour of activity, after a connectivity problem meant the LSE was forced to take all traders offline until the system was rectified, with only 30 minutes’ trading left in the day.

A "connectivity problem" could mean almost anything. They are obviously keeping quiet about what really happened, so unless they give out more information, we just don't know.

[The Lone Gunman]

[QUOTE=interested;627082]

I asked someone at Accenture and they told me the tulip hit the fan yesterday.
So you are an expert at googling incomplete information? The contract ends in 2010 as I already said.

Oh! You have something on your lips - Accenture love juice.[/QUOTE

I'm afraid you and 'your mate at ACN' are wrong on all counts:

http://www.computerworlduk.com/manag...sid=10912&pn=1

Are you sure about that?
Just because it is reported like that does not mean it is correct.

There could be any number of reasons for hiding the reality of the situation, not the least of which is trader confidence and possibly a legal requirement to stop trading if the software is crap.

DO NOT BELIEVE EVERYTHING YOU READ IN THE PRESS.

[interested]

[QUOTE=crack_ho;626687]I asked someone at Accenture and they told me the tulip hit the fan yesterday.
So you are an expert at googling incomplete information? The contract ends in 2010 as I already said.

Oh! You have something on your lips - Accenture love juice.[/QUOTE

I'm afraid you and 'your mate at ACN' are wrong on all counts:

http://www.computerworlduk.com/manag...sid=10912&pn=1

[crack_ho]

Don't let the facts get in the way of this blind hatred of ACN.

IT ops transferred back to the LSE last year.

http://www.finextra.com/fullstory.asp?id=16990

I asked someone at Accenture and they told me the tulip hit the fan yesterday.
So you are an expert at googling incomplete information? The contract ends in 2010 as I already said.

Oh! You have something on your lips - Accenture love juice.

[DimPrawn]

Don't let the facts get in the way of this blind hatred of ACN.

IT ops transferred back to the LSE last year.

http://www.finextra.com/fullstory.asp?id=16990

Despite losing its IT operations outsourcing contract, Accenture will continue to be involved in the exchange's software development and has signed a contract extension to deliver development support until March 2010.

I think we have the answer.

[BrianSnail]

It's probably all routed through a Sinclair ZX81 & the ram pack wobbled.

Data? Rewind tape.

[TimberWolf]

It was a computer error.

(does that excuse still work?)

[interested]

I just asked them, so I can confirm it is Accenture.

Don't let the facts get in the way of this blind hatred of ACN.

IT ops transferred back to the LSE last year.

http://www.finextra.com/fullstory.asp?id=16990

[ookook]

I havent seen any details in the press, but having seen the setups for some banks you'd think these systems would have tons of redundancy built in; whole redundant clusters sitting there waiting to take over in case of faults, seperate locations, seperate networking, the whole 9 yards.. So whatever happened must have been a pretty serious f*** up.. IMHO

[crack_ho]

Not seen a report yet as to what happened and people I know there say they've no idea so not sure why we're jumping to the conclusion here that it was Accenture, based purely on the fact someone posted a link to a system they deployed over a year ago ...

I just asked them, so I can confirm it is Accenture.

[DimPrawn]

I bet a significant portion of their IT is in India.

[snaw]

Not seen a report yet as to what happened and people I know there say they've no idea so not sure why we're jumping to the conclusion here that it was Accenture, based purely on the fact someone posted a link to a system they deployed over a year ago ...

[crack_ho]

I understand that their contract is ending in 2010.
Maybe a little revenge for not extending the contract!

[ace00]

Anyone hear anything more about this?
Wonder what the SLA penalty was for this outage?