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London Stock Exchange completes first live Linux test

Oct 13, 2010, 13:42 (0 Talkback[s])
(Other stories by Leo King)

[ Thanks to An Anonymous Reader for this link. ]

"The London Stock Exchange has completed the first "dress rehearsal", a test with its customers online, of a new Linux-based system due to replace Microsoft-centric architecture.

"The Millennium Exchange system, based around Linux and Sun Solaris Unix, and using Oracle databases, will replace the Microsoft.Net-basedTradElect platform on the main stock exchange on 1 November, and is intended to be one of the fastest exchange systems in the world with trading times of 0.125 milliseconds. The exchange completed the switchover of its separate dark pool, or anonymous, trading platform Turquoise from different systems earlier this month.

"The LSE declined to disclose its verdict of the Millennium Exchange dress rehearsal, which took place on Saturday after months of extensive offline tests. But sources close to the exchange indicated it had gone successfully."

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