[ Thanks to dmandpenfold for this link.
]
“BATS Global Markets has agreed to acquire specialist
electronic trading rival Chi-X, and promised to replace the Chi-X
matching engine with its own Linux-based technology.“Chi-X is understood to have been looking for a replacement for
its Instinet matching engine, which also runs on the open source
operating system.“”We will be migrating Chi-X to our own trading platform,” a
BATS spokesperson confirmed to Computerworld UK. BATS’ platform
runs on a Linux-based datacentre and is hosted by Savvis –
with servers in Docklands in London for European traders, and in
New Jersey for the US.”
Web Webster has more than 20 years of writing and editorial experience in the tech sector. He’s written and edited news, demand generation, user-focused, and thought leadership content for business software solutions, consumer tech, and Linux Today, he edits and writes for a portfolio of tech industry news and analysis websites including webopedia.com, and DatabaseJournal.com.
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