Reuters outage hits FX
TECHNOLOGY NEWS
LONDON -- Market participants managed to avoid major disruption to European FX trading last week, after a Reuters outage left them without real-time live prices for four hours.
Although some users received "intermittent" services during the outage, according to a Reuters spokesperson, others were forced to use alternative providers or go without live prices.
"It caused quite a few problems in the market," said one head of FX at a broker in London, speaking on the day of the outage on September 10
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