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The Almighty Buck

Submission + - Automatic London Exchange trading curbs? (wsj.com)

burnin1965 writes: The debt woes in Dubai have resulted in a major sell off in European markets today but the London Exchange was suspended for more than three hours. Unfortunately, or fortunately depending on your perspective, it was due to technical problems and "connectivity issues". The NYSE utilizes automatic trading curbs when panic selling threatens the market, should they hold off on replacing the .NET software running the London Stock Exchange?
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Automatic London Exchange trading curbs?

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