Tradefair & Financials
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Any idea why this market was suspended?
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Bloomberg's down.
Not sure they'll be able to even get a price stamp to settle the market, so it's possible that they'll have to void it. |
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Problem with the stock exchange feed - FTSE not being updated, while futures (diff exchange) OK.
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Thanks... very unusual that bloomberg is down perhaps this is the beginning of the end?
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Pangloss. Presumably this means that there are no official prices for that time period?
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Problem lies either with FTSE themselves or LSE, not with Bloomberg. Suspended markets will probably be void. Has happened before, will likely start coming through again soon.
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They have to be void, really, don't they given that there are no official prices?
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Sort of. The difference being that prices are still being produced by the looks of it, every 15 seconds, just with the price not changing obviously!
Also, the markets that were half-open (10:20-10:40, 10:00-11:00) had pretty unambiguots finish prices i.e. the future was pointing to around the same place as the stalled cash for these. Probably still fairer to void though I guess. |
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At 10.33 the Exchange placed all order-driven securities in to an auction call period. The length of this period has not yet been decided however a minimum of 30 minutes notice will be provided ahead of the scheduled uncrossing time.
All quote driven securities should be considered indicative at this time. The Exchange continues to investigate the root cause and will publish an update once further information is available. |
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Markets back up and running - now we've just got to wait for Betfair!
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anyone else having problems with IG today - they keep stopping me out of positions at silly prices for no reason.
Weird day innit. |