---

Home High Performance

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

By

“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.”


Complete Story

Get the Free Newsletter!

Subscribe to Developer Insider for top news, trends, & analysis

Must Read

LinuxToday is a trusted, contributor-driven news resource supporting all types of Linux users. Our thriving international community engages with us through social media and frequent content contributions aimed at solving problems ranging from personal computing to enterprise-level IT operations. LinuxToday serves as a home for a community that struggles to find comparable information elsewhere on the web.

Our Brands

Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.