"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."