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London Stock Exchange begins migration to Linux-based trading platform (ComputerworldUK)

London Stock Exchange begins migration to Linux-based trading platform (ComputerworldUK)

[Announcements] Posted Jan 21, 2010 17:18 UTC (Thu) by cook

ComputerworldUK reports on the London Stock Exchange's migration to Linux. "The exchange is gearing up for one of its most crucial years yet for technological change. At the end of the 2010, the Linux-based MillenniumIT trading platform, which the LSE gained by acquiring the Sri Lankan company for £18 million in September, will be switched on. It will replace the outgoing TradElect platform, based on Microsoft .Net architecture and upgraded by Accenture only two years ago at a cost of £40 million."

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