Holiday Volumes Slow LSE Level 2 Data

The problem began at around 3.30pm London time on July 3, and produced undisclosed delays in distribution of market depth information. An LSE spokesperson declines to specify the extent of the delays, but says the problem was limited to Level 2 data distributed via the exchange's Service Channels feed, and that the extension of the closing auction, which ran from 4.30pm to 5pm instead of its normal close at 4.40pm, was only taken as a "precautionary step."

According to the exchange, July 3 ha

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