London Stock Exchange SUSE Linux system at forefront of proposed Toronto merger | Linux Today

London Stock Exchange SUSE Linux system at forefront of proposed Toronto merger

Written By
Web Webster
Web Webster
Feb 9, 2011

[ Thanks to dmandpenfold for this link.
]

“The London Stock Exchange’s Linux-based trading system
is at the forefront of a proposed merger between the venue and
Toronto Stock Exchange parent TMX, announced late last night.

“The LSE immediately put its money where its mouth is, proposing
£40 million of technology investment to put the two companies
onto a common technology setup, led from London. Exact details of
technology plans are expected to be announced shortly.

“TMX Group, which comprises the Toronto and Montreal Stock
Exchanges, is based on HP ProLiant servers, running Red Hat Linux
and Unix. Over the last three years it has been implementing this
new setup, which it has called the Quantum platform, promising it
will deliver much lower latency and capacity.”


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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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