Major IT Outage Impacts IC Markets And LMAX

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A vast IT outage is happening worldwide because of a problem with the CrowdStrike Falcon Sensor. This issue has even affected forex and CFDs brokers, with IC Markets being one of the brokers facing an outage.

IC Markets Global stated that it is having outages due to a global network issue, which could impact the use of its trading systems and platforms. The broker added that it will look into the problem and will keep users informed. The platform’s support team is also affected, so users’ questions may take longer to be answered.

LMAX Has Applied A Temporary Solution And Is Observing The Situation

LMAX Global’sGlobal’s MetaTrader 4 (MT4) trading servers are also having problems. The company has put a temporary fix in place and is watching the situation. LMAX hasn’t confirmed whether these issues are related to the current Outage or another issue. There are also some reports of problems with the City Index, but these have not been confirmed.

CMC Markets, featured on the London market, is also raising concerns about technical problems caused by the ongoing Outage.

CMC stated that it knows the issues currently affecting its trading platforms. The company added that while investigating, it seems a third-party service provider is responsible. Other businesses, including banks, have also been affected.

The Outage also stopped banks, airlines, and news organizations from working in India, Australia, and Europe. In Australia, it also affected government services and telecom operators.

The London Stock Exchange reported that the technical problem has affected the release of news announcements.

The Issue Is Preventing News Releases On The LSE Website

The LSE stated that the RNS news service faces a worldwide technical problem, stopping news from being released on its website. LSE added that Technical teams are trying to fix the service. Other services in the Group, like the London Stock Exchange, are still functioning normally.

While not confirmed, experts believe that CrowdStrike, a cybersecurity firm known for its antivirus software, released an update that malfunctioned, causing Windows devices to crash. Computers running Windows are experiencing the dreaded ”blue screen of death.”

IC Markets is a company that helps people trade CFDs and is regulated by CySEC. The firm gives tools for both experienced traders and beginners. IC Markets provides advanced trading platforms, fast connections, and excellent liquidity. IC Markets are changing online forex trading so traders can easily access market prices and liquidity.

About Ali Raza PRO INVESTOR

Ali is a professional journalist with experience in Web3 journalism and marketing. Ali holds a Master's degree in Finance and enjoys writing about cryptocurrencies and fintech. Ali’s work has been published on a number of leading cryptocurrency publications including Capital.com, CryptoSlate, Securities.io, Invezz.com, Business2Community, BeinCrypto, and more.