London Stock Exchange Group suffers service outage

The London Stock Exchange Group (LSEG), the global financial markets infrastructure and data provider, suffered an outage at the opening of the European markets on Thursday.

According to market sources in India and Signapore cited by Reuters, news and some currency trading platforms run by LSEG went down briefly. They said that the downtime suggested a wider outage at the company.

Specifically, LSEG's Eikon and Workspace market data platforms and its interbank foreign exchange matching systems FXT and FXall were not functioning for around an hour and a half. Systems appeared to be back to normal by 7am GMT.

The report notes that it was not immediately clear if the London Stock Exchange, which is owned by LSEG, was impacted by the outage.

Workspace is the largest division at LSEG’s data and analytics unit.

Elsewhere, LSEG has announced a major staff policy change which will see the company extend parental leave to 26 weeks at full pay for all of its staff. The new policy will take effect on 1 July for staff who have worked at the group for at least 12 months.

Erica Bourne, chief people officer at LSEG, said: “We are excited to roll out these offerings that underscore our commitment to being a truly inclusive workplace. Our new global parental leave will help create a supportive environment to encourage greater shared parental responsibility and drive gender equity in our industry.”



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