Confusion on London stock market

[Henny Penny]

Source: bbc

"Trading on the London stock market was thrown into confusion after technical problems resulted in misleading information being published.

In a highly unusual move, trading on the London Stock Exchange (LSE) was extended to 1800 GMT after terminals in the City displayed incorrect prices.

These showed the benchmark FTSE 100 closing up on Wednesday, even though it was sharply down for most of the day.

The LSE blamed the disruption on problems with "data dissemination"

Read more: http://news.bbc.co.uk/1/hi/business/7083851.stm

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I thought I'd noticed something odd when I was checking the closing earlier....

What a plausible excuse... "terminal in the City showed incorrect prices" because of "data dissemination".

Shit. I'd normally use a roll on floor laughing type smilie here but something tells me it would be inappropriate...

[daleo]

1. If a terminal showed the correct prices, that would also be due to "data dissemination"

Talk about silly obfuscation.

[Henny Penny]

2. The higher-ups must have vetoed the

"Things are tanking... quick! pull the plug!!!" line...

[rjones2818]

3. They must think London traders

have as short an attention span as US traders!

:evilgrin:

[CGowen]

4. Nothing to see here, move along n/t