London Stock Exchange Finishes Switch To Linux 106
Posted
by
Soulskill
from the takes-a-while-to-put-on-a-good-tux dept.
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."
Re:the problem is algorithmic trading... (Score:5, Insightful)
What makes you think there needs to be exactly 1 problem?
one problem (Score:2, Insightful)
Re:YES!!!! :) (Score:5, Insightful)
My understanding is the previous system was .NET over windows which raises large question marks over performance (e.g. unexpected garbage collections) and the sort of hardware that it could be run on.
Re:one problem (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.
Re:one problem (Score:4, 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.
Yes, and part of your system is not to encourage the greediest fuckers so much, and certainly not to let them escape oversight until it all goes tits up.