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's main stock exchange.

Cute cartoon for December 16th about why the New York Stock Exchange decided that Linux migration was the best idea...

If you work around Linux regularly, in some ways the latest amazing news is… not that amazing. The New York Stock Exchange, where the world’s largest public companies trade their stocks, is now running on Linux. (Microsoft is not listed on the NYSE; they trade on the NASDAQ. Now *that* would have been a fun headline…) In addition the Chicago Mercantile Exchange also runs on Linux.

The New Zealand Stock Exchange is moving to a Linux platform for its settlement and clearing system, replacing its existing HP NonStop platform and applications in order to reduce cost and increase flexibility.

The LSE (London Stock Exchange) learned that the hard way when their .NET/Windows Server 2003 trading platform died like a dog early last September

The London Stock Exchange will switch to a Linux-based platform trading system, but it's not because of a love of open source.

The London Stock Exchange will switch on the first module of its Linux and Unix-based trading platform in September, replacing existing Microsoft .Net architecture.

Anyone who was ever fool enough to believe that Microsoft software was good enough to be used for a mission-critical operation had their face slapped this September when the LSE (London Stock Exchange)'s Windows-based TradElect system brought the market to a standstill for almost an entire day.

At first sight, news that the London Stock Exchange (LSE) is moving from the Microsoft .Net-based TradElect to the GNU/Linux-based MillenniumIT system, is just another win for free software. But the details provide some fascinating insights.