BATS Chi-X hardware failure floors Linux share trading platform for entire day
Dec 08, 2011, 15:02 (5 Talkback[s])
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"The problem hit the BATS exchange in Europe, but Chi-X traders
escaped the issue as that exchange's systems have not yet not been
integrated - BATS only closed its takeover of the company last
week. BATS' US market was also unaffected.
"Chi-X is likely to be migrated to the BATS platform in the next
year, and IT planning is currently underway. The platform runs on a
Linux-based datacentre and is hosted by Equinix – with
servers in Slough for European traders - though BATS said the host
was not at fault."