LSE's MillenniumIT Buy Prompts Feed Switch
The exchange expects to clarify details of the migration in around six weeks, once the MillenniumIT acquisition closes in mid-October.
David Lester, director of information and technology at the LSE, confirms that the exchange expects to replace its TradElect exchange trading platform with technology from MillenniumIT towards the end of 2010, with the ultimate goal of moving to a common technology platform for all its markets and services-including a single trading engine, surveillance system
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