London Stock Exchange delays Linux move by two months

[ Thanks to E5Rebel for this link. ]

"The London Stock Exchange has delayed a move to the Linux-based Millenium Exchange trading platform by two months, in order to give clients and IT suppliers more time for development and testing.

"The Turquoise dark pool venue will go live on 4 October, instead of an original planned launch in August or September. The LSE UK cash equity market will move off the Microsoft .Net-based TradElect platform to Millennium Exchange on 1 November, instead of the September original plans.

""These new dates have been scheduled in response to client and vendor feedback on their requirements for development and testing," the LSE said in a statement to customers."

Complete Story

Related Stories:

• Linux trading system to save London Stock Exchange £10m a year(May 24, 2010)
• London Stock Exchange readies Turquoise for big-bang Linux migration(Apr 20, 2010)
• London Stock Exchange appoints new CIO for Linux transfer(Feb 09, 2010)
• London Stock Exchange Linux switchover set for September(Feb 03, 2010)