[ Thanks to Steven J.
Vaughan-Nichols for this link. ]
“Since then, the CEO that brought TradElect to the LSE,
Clara Furse, has left without saying why she was leaving. Sources
in the City-London’s equivalent of New York City’s Wall
Street–tell me that TradElect’s failure was the final straw for
her tenure. The new CEO, Xavier Rolet, is reported to have
immediately decided to put an end to TradElect.“TradElect runs on HP ProLiant servers running, in turn, Windows
Server 2003. The TradElect software itself is a custom blend of C#
and .NET programs, which was created by Microsoft and Accenture,
the global consulting firm. On the back-end, it relied on Microsoft
SQL Server 2000. Its goal was to maintain sub-ten millisecond
response times, real-time system speeds, for stock trades.”