London Stock Exchange to Abandon Windows

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. The new CEO, Xavier Rolet, is reported to have immediately decided to put an end to TradElect.

TradElect never, ever came close to achieving its performance goals. Worse still, the LSE's competition, such as its main rival Chi-X with its MarketPrizm trading platform software, was able to deliver that level of performance, running rings about TradElect. MarketPrizm runs on Linux.

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