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London Stock Exchange Finishes Switch To Linux

Posted by Soulskill on from the takes-a-while-to-put-on-a-good-tux dept.

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."

5 of 106 comments (clear)

  1. London Linux by RooftopActivity · · Score: 5, Funny

    Does this mean the prompt will be a GBP (£) sign instead of a dollar ($) ?

    1. Re:London Linux by ggeens · · Score: 5, Funny

      Does this mean the prompt will be a GBP (£) sign instead of a dollar ($) ?

      No, but the root prompt will be £ instead of #.

      --
      WWTTD?
  2. Re:the problem is algorithmic trading... by jo_ham · · Score: 5, Funny

    The is only one problem: entropy, leading to the eventual heat death of the universe.

  3. 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?

  4. Re:one problem by InterGuru · · Score: 5, Insightful

    Blaming an economic collapses on greed is like blaming a bridge collapse on gravity. Both are always there, you design your system around them.