Linked by Thom Holwerda on Thu 21st Oct 2010 22:28 UTC, submitted by tux68
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 group’s 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."
Thread beginning with comment 446502
To view parent comment, click here.
To read all comments associated with this story, please click here.
Member since:

Sorry, but you're coming across as a certified crazy. You know, like one of these:

The wikipedia article seems to indicate that there are more positive aspects to HFT than negative ones. Unless you are referring to flash trading? But if so, as the article notes, most major exchanges have banned flash trading, so again I fail to see the problem.

Also, your proposed solution is not the same as the one suggested by the article. The wikipedia article indicates that the proposed regulation would not force the orders to wait until being executed, but would instead prevent the order from being cancelled within the minimum time period. Not delayed, but in force for a minimum amount of time.

Reply Parent Score: 3