Linux trading system to save London Stock Exchange £10m a year

Posted by Scott_Ruecker on May 24, 2010 7:04 PM EDT
ComputerWorld UK; By Leo King
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Millennium Exchange, a Linux and Sun Solaris Unix-based platform, which uses Oracle databases, is being rolled out across all of the LSE’s electronic trading systems, replacing the slower TradElect platform, which is Microsoft .Net based. TradElect had suffered a series of high-profile outages and will be replaced by Millennium Exchange in stages from September.

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