LME resumes trading after a third-party power outage

FILE PHOTO: Traders work on the floor of the London Metal Exchange in London, Britain, September 27, 2018. REUTERS/Simon Dawson

(Reuters) -Trading on the London Metal Exchange (LME), the world's oldest and biggest marketplace for industrial metals, resumed at 0615 GMT on Tuesday following a power outage at a third party data centre.

The outage occurred on Monday evening, said Miriam Heywood, spokesperson for LME, adding that the exchange has migrated all systems to its backup data centre and trading is proceeding as normal.

(Reporting by Eileen Soreng and Shanima A in Bengaluru; Editing by Rashmi Aich and Louise Heavens)

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 0
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!


Next In Tech News

BBC urges staff to ditch TikTok over data fears
How AI 'revolution' is shaking up journalism
Lacking health workers, Germany taps robots for elder care
Bitcoin believers revel in�told-you-so moment, big rally as banks crumble
Charging EVs can cost $1,800 more annually on UK streets than at home - analysis
Samsung wins jury trial in 'S10' trademark lawsuit
Spurred by TikTok, some Americans return to cash to curb spending
Ferrari reports cyber incident with ransom demand; no impact to operations
Microsoft's EU remedies target only cloud streaming rivals, sources says
France's OVH expands into India amid growing cloud adoption

Others Also Read