All,



Over the weekend, the London Stock Exchange are migrating their trading platform/price feeds to a new technology, with several differences in the data format. This change will affect all data providers and all brokers, as they will be switched to the new system.



The new system will be live as of Monday 14th February.



We have been making the necessary changes and performing comprehensive testing to make sure that the change goes smoothly and does not affect our users. However, due to the complex nature and fundamental restructuring this change is forcing onto ALL data providers/brokers, there is a possibility that some providers may experience difficulties.



We are confident that the service should be working as normal, however, should you do spot any issues from open on Monday morning, please let us know.

Ian

from The Register

Millennium bugs hit stock exchange
Crashing like it's 1999

By John Oates

Posted in Operating Systems, 17th February 2011 09:38 GMT

The London Stock Exchange suffered a second day of problems yesterday as its new trading platform struggled to function again.

On Tuesday the market failed to close correctly, causing confusion over closing prices for brokers and traders.

Yesterday the MillenniumIT system displayed zeroes against some bid and ask prices, according to City AM.

The low latency system is based on SUSE Linux Enterprise Server from Novell. It replaced a Microsoft.NET system built by Accenture. That system also had its share of problems.

Trading and news systems like Thomson Reuters which depend on LSE data apologised to customers for the outage.

TD Waterhouse told the FT: "Currently a technical issue between the LSE and one of our data providers is affecting stop loss orders on UK stocks. As an interim measure we have taken the decision to manage the existing orders on our book and stop taking new orders."

The exchange suffered a mysterious two-hour outage back in November when it switched over its Turquoise system to MillenniumIT. But that was blamed on "human error", which the exchange claimed was likely sabotage.

COULDN`T RUN A ..............IN A ................ (LSE THAT IS)
Moneyam seem to have coped very well, so thanks for that.
I see advfn are now able to display if a second, third etc rns is issued.
Some years ago I was told to "watch this space" when I enquired if moneyam could provide this service. Was also promised an rns advice on L2.
Seriously Chaps you may be cheaper and more pleasant to deal with but you need to get your fingers out or you are going to get left behind.

Hi,
The L2 Volume only has total volume but nothing is recorded against AT.

Regards

SETS volume STILL missing on L2

Maybe is time to say what is working propperly ...........

IF ANY

Mid price is OK on the stopwatch, about time

those below are out of order>>>>>>>>>>.....


Market Movers - Top risers and fallers between 09:00 and 10:00
BFN
Overall Market
TEST STOCKS ORD 10555.00 1055400.00%
BANCO BILBAO VIZCAYA ARGENTARIA S.A 1178.50 13247.30%
COMPAGNIE DE SAINT-GOBAIN COMPAGNIE 5038.50 12224.16%
BASF SE BASF SE REG SHS 6667.50 11031.05%
VOLKSWAGEN AG VOLKSWAGEN ORD 12027.50 10537.69%
DOWNING PLANNED EXIT VCT 3 PLC ORD 2.55 -96.62%
ATIA GROUP LD ORD ILS1.0 5.50 -95.60%
TEST STOCKS ORD 12.50 -83.97%
GARTMORE GROWTH OPPORTUNITIES PLC O 50.50 -75.00%
INVESTEC STRUCTURED PRODUCTS CALCUL 99.50 -72.81%

Still no SETS vol on L2-HELLO!

Sequestor we are aware of this and trying to get a fix in, as was the risers/fallers issue

have a look at 14:03 http://www.youtube.com/watch?v=8hUuwOZejNA regards S

Sardine: Ye olde ship inn, hope you charged them a filming fee:-)

ok

ta

portfolio

GKP 139.75p -17.25p -11.0%

stockwatch 139.25 -6.75 -4.62%

open 146.5 low 138

Java streaming charts aren`t.

something wrong again this morning?

Problems again at the LSE

"London Stock Exchange has put the SETS and SETSqx Trading Serivces into PAUSE - no continuous trading is currently taking place in order driven securities. Further update will follow shortly - LSE"

What a cockup.... THEY'D BEST RETURN TO THE OLD SYSTEM!!!!!!!!!!!!!!!

Do LSE outsource their IT development? If so, to whom?

It seems every time someone I know does a major IT upgrade - things go wrong - big time..........

"The LSE on February 14 successfully migrated trading in UK stocks to its new Millennium Exchange trading system, provided by Sri Lankan technology company MillenniumIT, which the LSE bought in 2009 to overhaul its technology systems."

Apparently MilleniumIT's staff was two Sri Lankans who owned a second hand acorn computer and lived above a take away in Columbo. The $30,000,000 the LSE paid for the rights to the technology is, apparently, non refundable.

:-) There are always risks and problems when we aim to make progress. NASA blew up loads of rockets and people before they got them into space. Now we have mobile phones and sat nav, so it was all worth it! I'm sure the stressed out techies at the LSE will get it sorted, and in the long term the system migration will be overall a positive thing.
Positively,
George