You are here: Home - Investing - Experienced Investor - News -

London Stock Exchange opens an hour and 40 minutes late

Written by: Emma Lunn
London traders were unable to buy and sell shares in Britain’s top companies this morning, after an unexplained glitch hit the City.

The London Stock Exchange (LSE) opened at 9.40am this morning, instead of its usual time of 8am, due to a technical issue.

System status updates on the LSE website warned of a delay due to a “potential trading services issue” before the stock market was due to open.

At 07.58 it warned that “London Stock Exchange Partition 1 and Partition 2” – the FTSE 100 and 250 securities – opening would be delayed, but Partition 3 was operating as normal.

The delay meant buyers and sellers of UK company shares on indices such as the FTSE 100 and FTSE 250 were unable to trade British-listed companies, but shares in smaller companies on the FTSE 350 and AIM market continued to trade as normal.

Stocks that were delayed were in an opening auction call at 09:20 with the stock market fully opening and regular trading commencing at 09.40.

The last time the LSE failed to open on time was in June 2018, when it opened an hour late owing to a technical issue. In that incident the London Stock Exchange Group identified the issue and decided to delay the market open to “preserve the integrity of the market”.

The outage comes at a particularly volatile time in the markets, with Brexit looming, the US/China trade dispute and concern about a recession causing price swings.

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

The savings accounts paying the most interest

If one of your jobs this month is to get your finances in order, moving your savings to a higher paying deal i...

Coronavirus and your finances: what help can you get?

News and updates on everything to do with coronavirus and your personal finances.

Everything you need to know about being furloughed

If you’ve been ‘furloughed’ by your company, here’s what it means…

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

Having a baby and your finances: seven top tips

We’re guessing the Duchess of Cambridge won’t be fretting about maternity pay or whether she’ll still be...

Protecting family wealth: 10 tips for cutting inheritance tax

Inheritance tax - sometimes known as 'death tax' - can cause even more heartache for bereaved families. But th...

Travel insurance: Five tips to ensure a successful claim

Ahead of your summer holiday, it’s important to make sure you have the right level of travel cover or you co...

Money Tips of the Week

  • @YourMoneyUK I still cannot log in to online banking
  • @YourMoneyUK Any news from Barclays about getting their online banking working again? I've been trying for over 3 hours!
  • @YourMoneyUK When they say “a small number of customers” they really mean everyone who has tried.

Read previous post:
Monzo starts offering loans to current account customers

The challenger bank has added a range of personal loans to the products available through its app-based bank account.