How Cloudflare outage may have cost financial service brokers $1.6 billion in trading volume |
Cloudflare outage on November 18 not only disrupted hundreds of tech websites but also finance sector that rely on the IT company’s services, a report has said, noting that the three-hour disruption potentially cost forex and Contracts for Difference (CFD) brokers an estimated $1.58 billion in lost trading volume. The unavailability of services left the…