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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 disaster.

"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."

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