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London Stock Exchange record breaking system faces open source challengers

[ Thanks to dmandpenfold for this link.
]

“As the London Stock Exchange today postponed the
launch of a Linux based system billed as breaking speed records,
other trading venues – including in New York, Singapore, and
elsewhere in the UK – expressed their desire to deliver
faster technology.

“The new LSE environment was developed in C++, and runs an
Oracle database linked in to a customised version of Linux for its
matching engine. Its network uses Cisco and Juniper switches.

“A fortnight ago, the LSE announced that its trades were being
conducted at an average of 126 microseconds – a figure
largely accepted in the industry as a record for live use.”


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