Integral, one of the largest forex technology providers, suffered from several outages which started Monday and lasted into Tuesday morning. The company wouldn’t immediately comment when contacted by Forex Magnates.
According to one industry participant: “Beginning around 8:35pm and lasting until approximately 7:30am (New York time) there were a number of extended disruptions to the Integral service. The disruptions seemingly affected both Integral’s API connections and direct GUI. No formal explanation has been released by Integral at this time, though some of the periods of disconnect lasted ~2 hours.”
How the OKEx Saga Reveals the Need for Decentralized ExchangesGo to article >>
Unfortunately these outages happen to almost all technology and liquidity providers in the market at least once a year as trading systems become more and more complex and frequency of trading only increases. Latest notable outage was by Reuters back in August.