London Stock Exchange (LSE) smashes trade speed record running on Linux

The London Stock Exchange's new Linux-based system is delivering record breaking networking speed, with 126 microsecond trading times.

The 126 microsecond speed is “twice as fast” as its main international competitors, the London Stock Exchange said. BATS Europe and Chi-X, two dedicated electronic rivals to the LSE, are reported to have an average latency of 250 and 175 microseconds respectively. Netiher company immediately provided details. But many of the LSE’s older and more traditional rivals offer speeds of around 300 to 400 microseconds.