SETS Overhaul Advances
FRONT PAGE: EXCHANGE TECHNOLOGIES
LONDON—The London Stock Exchange (LSE) has finished preliminary work on a trading system slated to replace the current technology underlying its Stock Exchange Trading Service (SETS) electronic order book in early 2007, David Lester, CIO at the exchange tells DWT.
The LSE is using software components from IBM, Microsoft and Borland Software as well as servers from Hewlett-Packard (HP) that will be based upon CPU chips from Advanced Micro Devices (AMD), DWT has learned. Last year, the exchange
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