LSE does Chi-X a favour

Image via Wikipedia The London Market picked up 3.5% in early trading, off the back of the Freddie Mac announcement and then The London Stock Exchange suspended trading after being hit by a connectivity outage. It apparently suspended connections at around 9.15 am, meaning no orders could be entered or deleted.

Music to the ears of other execution venues like Chi-X, who were no doubt able to benefit from the market looking to find somewhere else to join in the [temporary] exuberance.

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