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

Feb 09, 2011, 18:35 (1 Talkback[s])
(Other stories by Leo King)

[ 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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