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London Stock Exchange SUSE Linux choice based on HFT capacity

Feb 15, 2011, 09:03 (0 Talkback[s])
(Other stories by Leo King)

[ Thanks to e5rebel for this link. ]

"The London Stock Exchange's new matching engine, which went live at 8am today, has been based on Novell SUSE Linux in order to satisfy vast messaging capacity requirements, according to the supplier.

"As high frequency trading increasingly dominates share sales, the London Stock Exchange sought a stable system for its data centres that will handle tens of thousands of network messages a second, while delivering round-trip trades at what it has called "record speeds".

"Even though the system was executing 126 microsecond end-to-end average latency on the LSE's alternative market, Turquoise, LSE traders had expressed concerns that it would continue to deliver fully stable messaging at the vast capacity on the main venue."

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