Language Selection

English French German Italian Portuguese Spanish

London Stock Exchange hires 81 C++ developers for delayed Linux system

Filed under
Linux

The London Stock Exchange has hired 81 open source software staff for the development of the delayed Linux-based system being implemented on its cash markets.

The developers on the new system will work in a C++ environment, on which the new Millennium Exchange Linux matching engine will operate. Some development is also being conducted "externally", the LSE said, referring to staff at the platform's original base in Sri Lanka. The LSE is replacing a Microsoft .Net environment.

The migration, which would have gone live this week, was brought to a halt on 3 November after what the LSE termed as “suspicious” circumstances in which its Turquoise dark pool trading venue – which already runs the system - went down for two hours. The Financial Services Authority and police are investigating the incident, and it is understood an IT contractor has been suspended.

rest here




More in Tux Machines

Android Leftovers

Mobie Is a Tablet That Dual-Boots Ubuntu 14.04 LTS and Windows 8.1

Mobie is a new kind of 2-in-1 tablet developed in Finland that is capable to dual-boot Ubuntu 14.04 LTS and Windows 8.1. It's being launched in a couple of months and it already looks very good, at least on paper. Read more

Can or Can’t?

What I love about open source is that it’s a “can” world by default. You can do anything you think needs doing and nobody will tell you that you can’t. (They may not take your patch but they won’t tell you that you can’t create it!) It’s often easier to define things by what they are not or what we can’t do. And the danger of that is you create a culture of “can’t”. Any one who has raised kids or animals knows this. “No, don’t jump.” You can’t jump on people. “No, off the sofa.” You can’t be on the furniture. “No, don’t lick!” You can’t slobber on me. And hopefully when you realize it, you can fix it. “You can have this stuffed animal (instead of my favorite shoe). Good dog!” Read more

IT pros to move to open source software in 2015

IT professionals are expected to move away from proprietary to open source software in 2015, according to new research. A survey by Ponemon Institute and Zimbra shows 67 per cent of EMEA IT professionals agree that commercial open source software offers better business continuity. 74 per cent in the US also agree open source is better for business continuity, compared to propriety software. Read more