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According to a report from Reuters, trading at the London Stock Exchange came to a standstill for seven hours because of computer problems on Monday.
The exact cause of the problem is unknown and probably never will be. The incident could prove to be particularly embarrassing for Microsoft who at the end of 2006 launched a huge advertising campaign stating that the London Stock Exchange had chosen Windows over Linux because of reliability issues. An opinion obviously not shared by the New York Stock Exchange who has been using Linux and AIX for over a year without any outage at all.
This is not the first time that the new NET, MS-SQL and Windows server based Infolect system has faltered. In September 2007, the London Stock Exchange was hit by connectivity problems when three Infolect gateways couldn't stand the strain.
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