Linux trading system to save London Stock Exchange £10m a year | Linux Today
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Linux trading system to save London Stock Exchange £10m a year

Written By
Web Webster
Web Webster
May 24, 2010

“The London Stock Exchange has said its new open source-based
trading system will save it at least £10 million annually, as
well as driving new business.

“Millennium Exchange, a Linux and Sun Solaris Unix-based
platform, which uses Oracle databases, is being rolled out across
all of the LSE’s electronic trading systems, replacing the slower
TradElect platform, which is Microsoft .Net based. TradElect had
suffered a series of high-profile outages and will be replaced by
Millennium Exchange in stages from September.”


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Web Webster

Web Webster

Web Webster has more than 20 years of writing and editorial experience in the tech sector. He’s written and edited news, demand generation, user-focused, and thought leadership content for business software solutions, consumer tech, and Linux Today, he edits and writes for a portfolio of tech industry news and analysis websites including webopedia.com, and DatabaseJournal.com.

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