London Stock Exchange investigating Refinitiv data outage By Reuters


© Reuters. FILE PHOTO: The London Stock Exchange offices in the City of London, Britain

(Corrects GMT time for start of outage)

LONDON (Reuters) -The London Stock Exchange Group (LON:) said on Thursday it was investigating a lengthy outage at its newly-acquired Refinitiv market data unit.

The outage at Refinitiv’s Eikon platform for market prices began around 0730 GMT. Subscribers who rely on its data for trading currencies and other assets, said on Twitter they were unable to access prices.

“We’re aware of an issue disrupting our service to customers,” LSEG said in a statement.

“We are currently investigating the cause of the issue and working hard to resolve the problem. We apologise to customers for the disruption.”

LSEG completed its $27 billion purchase of Refinitiv on Jan 29. Analysts had already expressed concerns last month that integration costs will be heavier and cover a longer period than had been expected.

Its shares have fallen 20% so far this year.

“Clearly this morning this is bad news for the group not to mention that clients have been left high and dry with no trading and loss of crucial market data,” said Securequity sales trader Jawaid Afsar.

Thomson Reuters (NYSE:), owner of Reuters News, has a 15% stake in LSE Group.

LSE shares were up 1.07% at 08:59 GMT according to prices on Yahoo.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Related Articles

Facebook announces Clubhouse competitor among new audio tools

Facebook Inc. on Monday joined the scrum of tech companies pursuing the digital audio craze...

U.S. State Department says it will boost ‘Do Not Travel’ advisories to 80% of the world

A member of the New York Army National Guard hands out health forms to travelers at LaGuardia Airport (LGA) in New York, U.S., on...

P&G Good Everyday: Savings, Rewards, & More! | Money Saving Mom®

April 19, 2021 | Crystal Paine Add to my...

Stay Connected

21,792FansLike
2,507FollowersFollow
0SubscribersSubscribe
- Advertisement -

Latest Articles

Facebook announces Clubhouse competitor among new audio tools

Facebook Inc. on Monday joined the scrum of tech companies pursuing the digital audio craze...

U.S. State Department says it will boost ‘Do Not Travel’ advisories to 80% of the world

A member of the New York Army National Guard hands out health forms to travelers at LaGuardia Airport (LGA) in New York, U.S., on...

P&G Good Everyday: Savings, Rewards, & More! | Money Saving Mom®

April 19, 2021 | Crystal Paine Add to my...

Accelerating asset management digitisation with cloud solutions

With many asset management (AM) staff working from home due to COVID-19...

﴾2021.04.14 23:53:18﴿ MetaTrader Robot(SM01Forex) recommended Range 100%→Buy≈ US30 ﴾Rank list Percentage=30%﴿

#Forex #MQL #MetaTrader #MetaQuotes #Stock #Exchange #Signal #Saed #Modarresi #TSE #US30 #ساعد #مدرسی #مدرّسی #سهام #ارز #سیگنال #بورس #فرابورس