Liffe Stoppage Casts Doubt Over Futures ; Market Round-Up

Evening Standard - London › June 05, 2007

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Summary

DEALERS blew a fuse and made a wobbly start to the week after technical problems resulted in business on the London International Financial Futures Exchange (Liffe) grinding to a halt.

Trading was halted from the outset at 7am and it was more than four hours before someone was able to throw a switch and enable trading to resume in financial instruments such as FTSE 100 index futures, short-term interest rates and equities.

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Extract

Liffe Stoppage Casts Doubt Over Futures ; Market Round-Up

The people running Liffe attributed the breakdown to a technical fault. Dealers point out Liffe has a good track record and todays failure came as something of a surprise....

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