London Stock Exchange's Linux move hits trouble
Feb 18, 2011, 17:03 (5 Talkback[s])
(Other stories by Gareth Halfacree)
"The London Stock Exchange's move to a new low-latency trading
platform based on SUSE Linux Enterprise Server has met with a few
hiccoughs - but the LSE claims the platform isn't to blame.
"Following the first use of the Millennium Exchange in anger
earlier this week, a glitch resulted a delay of almost a minute to
the end-of-day trading. While that might not sound like much, when
the whole point of the new Linux-based platform was to reduce
trading delays by a matter of milliseconds, it's a bit of a
"While that problem has yet to repeat itself, traders are
complaining of other issues with the new platform. Some, including
wire service Reuters, are seeing phantom figures where stock values
are reset to zero just before an update. Others are complaining of
'stale' values being presented instead of live data."