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London Stock Exchange begins migration to Linux-based trading platform

Jan 21, 2010, 15:32 (2 Talkback[s])
(Other stories by Leo King)

[ Thanks to E5Rebel for this link. ]

"The London Stock Exchange has begun a twelve-month migration to its new trading platform, based on Linux, as trading fell sharply.

"In a busy three months for the exchange, it also agreed a framework plan for its newly-acquired controlling stake in Turquoise, a large volume 'dark pool' trading platform.

"The LSE suffered a heavy fall in sales of real-time trading data. While the group's IT revenues, from selling information and server hosting, grew three percent to £55 million in the three months to 31 December, real-time data sales fell nine percent, nearly three million pounds."

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