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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."

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