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London Stock Exchange traders concerned over network capacity around new Linux system

Nov 07, 2010, 07:07 (0 Talkback[s])
(Other stories by Leo King)

[ Thanks to dmandpenfold for this link. ]

"The London Stock Exchange has formally acknowledged it needs to do more to scale its IT infrastructure before launching a new Linux platform on its cash markets.

"Additionally, sources close to the exchange said significant network and server enhancements are taking place within the exchange, alongside major improvements to client connectivity.

"The LSE this week delayed its migration to the Millennium Exchange platform following a massive network hit that took the smaller Turquoise venue, which uses the system, offline for two hours during peak trading. The exchange declined to comment on reports that a contractor was suspended over a "suspicious" network incident."

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