London Stock Exchange reportedly to dump £40m platform

“The LSE “appears set” to dump the technology, the Financial
Times reported. But the LSE declined to elaborate on the article,
when contacted for further information by Computerworld UK.

“Dropping TradElect would be a dramatic about-face for the
exchange, which had heavily promoted its ability to rival newer,
dedicated electronic exchanges, and plumbed millions of pounds into
doing so. It runs on HP ProLiant Servers and Microsoft .Net and SQL
Server 2000 systems, and within a Cisco network architecture.”

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