Friday, October 22, 2010

LBK Post 034 LSE Hits Record Trade Speed with Linux

From http://www.osnews.com



London Stock Exchange Smashes 
Record Trade Speed with Linux

Linux "The London Stock Exchange has said its new Linux-based system is delivering world record networking speed, with 126 microsecond trading times. 


The news comes ahead a major Linux-based switchover in twelve days, during which the open source system will replace Microsoft .Net technology on the groups main stock exchange.


The LSE had long been criticised on speed and reliability, grappling with trading speeds of several hundred microseconds.

The record breaking times were measured on the LSE's Turquoise smaller dark pool trading venue, where trades are conducted anonymously.

That network switched over to Linux from Cinnober technology two weeks ago. Speed is crucial as more firms trade automatically at lightning speed, using advanced algorithms."





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