The incident crumbled the global IT infrastructure.
The news services of LSE are also impacted.
The world is experiencing a massive IT outage caused by a CrowdStrike Falcon Sensor issue. It has even impacted the forex and contracts for differences (CFDs) brokers, as at least one broker, IC Markets, is facing an outage.
Impact on FX and CFDs Trading
“IC Markets Global is currently experiencing outages as part of a worldwide network issue, which may affect the use of our trading platforms and systems,” the website of IC Markets Global noted. “We are currently investigating and monitoring the issue and will keep you updated. Our Support Team has also been impacted, and your inquiries may be delayed.”
LMAX Global's MetaTrader 4 (MT4) retail servers are also experiencing issues. However, the company has “implemented the workaround and [is] monitoring the incident.” LMAX did not confirm whether the complications were due to the ongoing outage or something else. There are also a few reports of some issues with City Index, but those could not be confirmed.
CMC Markets, listed in London, also warning against technical difficulties due to the ongoing outage.
"We are aware of issues currently impacting access to our trading platforms," CMC stated. "While we are currently investigating, at this stage we understand that the impact is due to a third-party service provider. Other organisations including financial institutions have also been impacted."
"We are working to resolve this as a matter of priority."
A Global Outage
On Friday, the afternoon in the Asia-Pacific and morning in Europe brought an unusual outage that crippled the global IT infrastructure. It has crippled the operations of airlines, banks, and media outlets in countries ranging from Australia, India, and across Europe.
In Australia, the outage even hit telecom operators and government services.
The London Stock Exchange also confirmed that the technical issue has impacted the publication of news announcements.
“RNS news service is currently experiencing a global technical issue, preventing news from being published on www.londonstockexchange.com,” the LSE stated. “Technical teams are working to restore the service. Other services across the Group, including London Stock Exchange, continue to operate as normal.”
Although not confirmed yet, experts are suggesting that CrowdStrike, a cybersecurity company that produces antivirus software, issued a software update that went horribly wrong and is bricking Windows devices. Computers running Windows are crashing to the so-called ‘blue screen of death’.
The world is experiencing a massive IT outage caused by a CrowdStrike Falcon Sensor issue. It has even impacted the forex and contracts for differences (CFDs) brokers, as at least one broker, IC Markets, is facing an outage.
Impact on FX and CFDs Trading
“IC Markets Global is currently experiencing outages as part of a worldwide network issue, which may affect the use of our trading platforms and systems,” the website of IC Markets Global noted. “We are currently investigating and monitoring the issue and will keep you updated. Our Support Team has also been impacted, and your inquiries may be delayed.”
LMAX Global's MetaTrader 4 (MT4) retail servers are also experiencing issues. However, the company has “implemented the workaround and [is] monitoring the incident.” LMAX did not confirm whether the complications were due to the ongoing outage or something else. There are also a few reports of some issues with City Index, but those could not be confirmed.
CMC Markets, listed in London, also warning against technical difficulties due to the ongoing outage.
"We are aware of issues currently impacting access to our trading platforms," CMC stated. "While we are currently investigating, at this stage we understand that the impact is due to a third-party service provider. Other organisations including financial institutions have also been impacted."
"We are working to resolve this as a matter of priority."
A Global Outage
On Friday, the afternoon in the Asia-Pacific and morning in Europe brought an unusual outage that crippled the global IT infrastructure. It has crippled the operations of airlines, banks, and media outlets in countries ranging from Australia, India, and across Europe.
In Australia, the outage even hit telecom operators and government services.
The London Stock Exchange also confirmed that the technical issue has impacted the publication of news announcements.
“RNS news service is currently experiencing a global technical issue, preventing news from being published on www.londonstockexchange.com,” the LSE stated. “Technical teams are working to restore the service. Other services across the Group, including London Stock Exchange, continue to operate as normal.”
Although not confirmed yet, experts are suggesting that CrowdStrike, a cybersecurity company that produces antivirus software, issued a software update that went horribly wrong and is bricking Windows devices. Computers running Windows are crashing to the so-called ‘blue screen of death’.
Arnab is an electronics engineer-turned-financial editor. He entered the industry covering the cryptocurrency market for Finance Magnates and later expanded his reach to forex as well. He is passionate about the changing regulatory landscape on financial markets and keenly follows the disruptions in the industry with new-age technologies.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Finance Magnates Annual Awards 2024 | FM Awards 2024 Highlights
Finance Magnates Annual Awards 2024 | FM Awards 2024 Highlights
🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner!
An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over a memorable dinner. Watch the highlights and feel the energy of our first gala in Cyprus!
Congratulations to all the winners for their dedication to excellence and leadership in the financial industry, including XM, Trading PRO, FP Markets, Deriv, FxPro, LATAM, Headway, ATFX, FBS, AMEGA, EC Markets, Axi
For more information about the 1st Finance Magnates Annual Awards, visit https://bit.ly/3Zb7wNz
#FinanceMagnatesGala #IndustryExcellence #GalaHighlights #FinanceMagnatesAnnualAwards #FinanceMagnatesAwards #CelebratingSuccess #FinanceCommunity
🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner!
An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over a memorable dinner. Watch the highlights and feel the energy of our first gala in Cyprus!
Congratulations to all the winners for their dedication to excellence and leadership in the financial industry, including XM, Trading PRO, FP Markets, Deriv, FxPro, LATAM, Headway, ATFX, FBS, AMEGA, EC Markets, Axi
For more information about the 1st Finance Magnates Annual Awards, visit https://bit.ly/3Zb7wNz
#FinanceMagnatesGala #IndustryExcellence #GalaHighlights #FinanceMagnatesAnnualAwards #FinanceMagnatesAwards #CelebratingSuccess #FinanceCommunity
FMLS:24 | Shaping the Next Era of Financial Evolution
FMLS:24 | Shaping the Next Era of Financial Evolution
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
#fmls #fmls24 #fmevents #financemagnates #forex #payments #crypto #events #london #fintech #ai #generativeai #technology #onlinetrading #forex #investing #investors #tech
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
#fmls #fmls24 #fmevents #financemagnates #forex #payments #crypto #events #london #fintech #ai #generativeai #technology #onlinetrading #forex #investing #investors #tech
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!