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TradElect Replacement Fuels LSE's MillenniumIT Buy

According to David Lester, CIO of the London Stock Exchange (LSE), the LSE could no longer move forward with its current Trad­Elect matching platform, which supports 20,000 messages per second with a 3 millisecond latency (DWT, March 23).

"There will be huge volume growth coming up for European equities in the next five years," says Lester, adding that in the U.S. markets, a typical trading day could involve 50 million trades and 7.5 billion trade messages. The LSE currently sees between 50 and

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Doing a deal? Prioritize info security early

Engaging information security teams early in licensing deals can deliver better results and catch potential issues. Neglecting them can cause delays and disruption, writes Devexperts’ Heetesh Rawal in this op-ed.

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