LSE p-p-picks up the penguin

Novell partner replaces London Stock Exchange server with Linux

The London Stock Exchange (LSE) has become the latest high-profile adopter of open source software, with Novell's SUSE Linux Enteprise Server supporting its new trading platform, Millennium Exchange.

A unnamed channel partner, believed to be Isys or ISIS, is understood to have deployed the software, aimed at rapidly and efficiently managing the massive volumes of data that pass through its systems.

Novell would not confirm further details about the channel partner's identity.

Trading performance at the LSE – which is one of the world's largest stock exchanges – has suffered from server problems for a number of years.

Sean McCarry, UK country manager at Novell, said: "As organisations look to enhance their efficiency, they are increasingly looking to technologies such as virtualisation, high-performance computing and collaboration platforms to achieve their goal."

Novell support and services were also backing up Millennium Exchange, McCarry said.

Millennium Exchange will eventually cover all the markets operated by LSE, according to the stock exchange's web site.

It is believed that the Millennium Exchange system replaced the LSE's Microsoft .NET-based TradElect platform.