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Technical glitch halts LSE trades Technical glitch halts LSE trades
(32 minutes later)
The London Stock Exchange has suspended trading due to a technical problem that has affected its trading system.The London Stock Exchange has suspended trading due to a technical problem that has affected its trading system.
A spokesperson said "connectivity issues" meant traders could not connect with the LSE trading platform.A spokesperson said "connectivity issues" meant traders could not connect with the LSE trading platform.
The problems mean that no share orders have gone through, the LSE said, but it is working to restore the system as quickly as possible.The problems mean that no share orders have gone through, the LSE said, but it is working to restore the system as quickly as possible.
The FTSE 100 share index hit 5,440.20 points shortly after 0900BST and has remained at that level since then.The FTSE 100 share index hit 5,440.20 points shortly after 0900BST and has remained at that level since then.
"We are still working on it... when it opens, it will reopen on an auction rather than on a continuous basis so that everyone can connect on the same basis," an LSE spokesperson said. An incident report on the LSE website said connectivity was suspended at 0915BST. "No one can enter or delete orders at this time," the report said.
A later report said connectivity would be re-enabled at approximately 1145BST.