Submission + - LSE breaks world record in trade speed with linux (computerworlduk.com)
LingNoi writes: 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 group'(TM)s main stock exchange. The LSE had long been criticised on speed and reliability, grappling with trading speeds of several hundred microseconds.
The 126 microsecond speed is “twice as fast” as its main international competitors, the London Stock Exchange said. BATS Europe and Chi-X, two dedicated electronic rivals to the LSE, are reported to have an average latency of 250 and 175 microseconds respectively. Netiher company immediately provided details. But many of the LSE'(TM)s older and more traditional rivals offer speeds of around 300 to 400 microseconds. Nevertheless, Linux is now standard in many exchanges including the New York Stock Exchange.
The news comes ahead a major Linux-based switchover in twelve days, during which the open source system will replace Microsoft
The 126 microsecond speed is “twice as fast” as its main international competitors, the London Stock Exchange said. BATS Europe and Chi-X, two dedicated electronic rivals to the LSE, are reported to have an average latency of 250 and 175 microseconds respectively. Netiher company immediately provided details. But many of the LSE'(TM)s older and more traditional rivals offer speeds of around 300 to 400 microseconds. Nevertheless, Linux is now standard in many exchanges including the New York Stock Exchange.
