Financial Times FT.com

Traders stuck with LSE in spite of crash

By Jeremy Grant

Published: November 27 2009 18:29 | Last updated: November 27 2009 18:29

This week’s three-and-a-half hour outage at the London Stock Exchange may have inconvenienced investors but it has also raised questions over how the UK share dealing market functions when the main market, the LSE, goes down.

Only two years ago, there was barely any alternative to the LSE when its systems crashed. However, in the wake of the Financial Instruments Directive (Mifid) new share dealing platforms have challenged the LSE.

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