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Johannesburg Stock Exchange to move to Linux

Feb 08, 2011, 12:04 (0 Talkback[s])

"The Johannesburg Stock Exchange (JSE) has announced that it is moving to an all Linux based trading platform when it relocates to Johannesburg. The JSE currently operates out of London and runs on the TradElect platform which is based on Microsoft .Net and SQL Server 2000. It plans to move to MilleniumIT's Millennium Exchange platform by the first half of 2012.

"The JSE is following the example set by the London Stock Exchange. That exchange also ran the TradElect platform, but in 2009 began the process of migrating to the Millenium Exchange system using Linux and Solaris based systems. The LSE also purchased the Sri Lanka based developers of Millennium Exchange, MillenniumIT, for $30 million."

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