Industry News
London Stock Exchange begins migration to Linux-based trading platform
Released on: 21 Jan 10
Released on: 21 Jan 10
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.
LinuxIT Europe Ltd, London +44 (0)208 899 6138 Bristol +44 (0)1454 333001
"As an IBM Business Partner Leader for Linux, LinuxIT has made significant contributions." Cliff Brereton
IBM Linux Sales Manager