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London Stock Exchange Finishes Switch To Linux

DMandPenfold writes "The London Stock Exchange has successfully set into live trading a new matching engine based on Novell SUSE Linux technology, following successful last-step setup procedures on Saturday. The move has been billed as one of the LSE's most significant technological developments since the increasing prevalence of electronic trading led to the closure of the traditional exchange floor in 1986. LSE chief executive Xavier Rolet has insisted that the exchange, once a monopoly, will deliver record speed and stable trading in order to fight back against the fast erosion of its dominant marketshare by specialist electronic rivals."

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  1. get the fact by DUdsen · · Score: 5, Informative

    Wasn't this the MS get the fact showcase as to how much better ms.net and sql server were compared to linux? Before the system came crashing down and latency became an issue?

    1. Re:get the fact by David+Off · · Score: 4, Informative

      Yes, it was one of them. I worked on another Reuters Intelligent Advisor which ran like a 3 legged dog, a very expensive dog, until someone did the decent thing and shot it through the head.

      I don't think RIA's expensive failure can be wholly blamed on .net. I think the technical team deceived management and probably themselves about what they could do. They had drunk the SOA/Web Services kool aid and the architecture was basically wrong. I suspect a number of devs saw the project as resume keyword fodder.