Doom News

Hmmmm. Due to a "technical glitch" Funny how often that happens now.

BBC

Trading on the London Stock Exchange (LSE) has been brought to a halt by technical difficulties.

The LSE said it had been affected by connectivity issues and at 1033 GMT had placed all orders for shares into an "auction call period". This allows traders to put orders to buy or sell shares into the system but without executing them. The LSE said it was looking into the problem but did not know how long it would take to resolve.

 Then we must wonder exactly what other events are transpiring, right? Oh this looks interesting...

 Shares in London Stock Exchange Group (LSE) were under pressure today amid fears that the state-owned Borse Dubai could sell its 22 per cent stake in the FTSE 100 company.

Concern was sparked after Dubai said yesterday that two of its flagship groups planned to delay repayments on billions of dollars of debt as part of a restructuring. The FTSE 100 dropped 99.84 points to 5,264.97.

And a year ago:

LINK

September 9, 2008

It should have been a great day on the London Stock Exchange. The U.S. government had announced on the Sunday before that it was coming to the rescue of Freddie Mac and Fannie Mae. Trading would have been extremely brisk, but then, at 9:15 AM GMT, the Exchange's software failed due to "connectivity issues." Six-hours and 45-minutes later, the London Exchange, along with the Johannesburg Stock Exchange, which uses the LSE's trading platform TradElec, were finally back up.

That was no consolation to traders. As Reuters reported, "We have the biggest takeover in the history of the known world ... and then we can't trade. It's terrible," one trader said.

 A glitch in the Matrix, sure. We buy that, right?