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London Stock Exchange Drops Windows System

Jul 2, 2009
 
Story Timeline:  146 days

Analysis: System brought LSE to a standstill for almost an entire day, with more than enough blame to go around. But who really is at fault? Steven J. Vaughan-Nichols, Computerworld Anyone who was ever fool enough to believe that Microsoft software was good enough to be used for a mission-critical operation had their face slapped this September when the LSE (London Stock Exchange)'s Windows-based TradElect system brought the market to a standstill for almost an entire day. While the LSE denied that the collapse was TradElect's fault, they also refused to explain what the problem really wa. Sources at the LSE tell me to this day that the problem was with TradElect. Since then, the CEO that brought TradElect to the LSE, Clara Furse, has left without saying why she was leaving. Sources in the City-London's equivalent of New York... [read full story]                    

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Latest article on this story:

Microsoft inside the exchange

ajayshahblog.blogspot.com Jul 4, 2009
First article on this story:

London Stock Exchange shuts Windows on TradElect system

newlaunches.com Jul 3, 2009
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