The London Stock Exchange Group (LSE) has attributed its recent string of Eikon trading terminal outages to a corrupted server.
The group’s Eikon trading terminals have experienced three outages in the past three months, with the latest occurring last Monday.
The news comes after LSE acquired data provider Refinitiv for $27 billion.
The Eikon terminal competes with the Bloomberg terminal to provide real-time information to financial professionals including traders, fund managers and analysts.
David Schwimmer, chief executive at the LSE, described the outages as “unacceptable to me” and said, “we’re making excellent progress on integrations.”
The groups shares rose 6 per cent in early Friday trading on the news.
The LSE’s shares experienced their worst drop since the 2018 financial crisis when it was first announced that there were going to be integration issues with Refinitiv.
Latest News
-
Sabadell board urges shareholders to reject BBVA’s €15bn hostile bid as 'too low'
-
Bank of England seeks industry players to join UK Payment Infrastructure Board
-
Starling’s SaaS arm appoints new hire to lead US growth
-
BBVA signs crypto-asset trading tech deal with Ripple
-
Citi and US Bank first to try out Mastercard’s Agent Pay
-
Alipay launches agentic AI payment service
Data trust in the AI era: Building customer confidence through responsible banking
In the second episode of FStech’s three-part video podcast series sponsored by HCLTech, Sudip Lahiri, Executive Vice President & Head of Financial Services for Europe & UKI at HCLTech examines the critical relationship between data trust, transparency, and responsible AI implementation in financial services.
Banking's GenAI evolution: Beyond the hype, building the future
In the first episode of a three-part video podcast series sponsored by HCLTech, Sudip Lahiri, Executive Vice President & Head of Financial Services for Europe & UKI at HCLTech explores how financial institutions can navigate the transformative potential of Generative AI while building lasting foundations for innovation.
Beyond compliance: Transforming document management into a strategic advantage for financial institutions
In this exclusive fireside chat, John Rockliffe, Pre-Sales Manager at d.velop, discusses the findings of Adapting to a Digital-Native World: Financial Services Document Management Beyond 2025 and explores how FSIs can turn document workflows into a competitive advantage.
Sanctions evasion in an era of conflict: Optimising KYC and monitoring to tackle crime
The ongoing war in Ukraine and resulting sanctions on Russia, and the continuing geopolitical tensions have resulted in an unprecedented increase in parties added to sanctions lists.
© 2019 Perspective Publishing Privacy & Cookies
Recent Stories