LSE outage halts trading in hundreds of small-cap stocks
We don’t support this browser anymore.
This means our website may not look and work as you would expect. Read more about browsers and how to update them here.
Newsroom
Newsroom articles are published by leading news agencies. Hargreaves Lansdown is not responsible for an article's content and its accuracy. We may not share the views of the author.
HL Podcast
HL Insight
The London Stock Exchange suffered an outage that curbed trading in hundreds of small-cap shares on Thursday, a further blow to a market that has suffered from a shortage of new listings and falling trading volumes this year.
Article originally published by The Financial Times. Hargreaves Lansdown is not responsible for its content or accuracy and may not share the author's views. News and research are not personal recommendations to deal. All investments can fall in value so you could get back less than you invest.
Published by
20 Oct 2023
The group said it was investigating “an incident” in which investors could only trade shares in the FTSE 100 and 250 indices and global depositary receipts, a certificate representing shares in overseas companies.
It first said it was investigating the incident at 3:26pm, about an hour before the UK market closed, and said orders in affected stocks had expired.
The glitch forced an early end to trading in dozens of names, including online retailer Asos, polling company YouGov and drinks maker Fever-Tree. Trading in shares in companies in the FTSE Aim index, which tracks smaller companies, was also halted, while the normal end-of-day auction in affected names was also cancelled.
The exchange later said the affected stocks would close at their halted prices.
The outage was a further blow for the LSE, which has
Read more on hl.co.uk
