Euronext Preps Platform Change

EXCHANGE TECHNOLOGIES

NEW YORK—To reduce internal order latency, Euronext plans to migrate its Nouveau Système de Cotation (NSC) equities matching engine to the open-source Linux operating system running on commodity hardware sometime during the first quarter of this year, exchange officials tell DWT.

For over a decade, Euronext ran two instances of the NSC platform—one for equities trading and one for warrant trading, on Hewlett-Packard's NonStop server line, nee Tandem. The bourse's equity matching engine currently

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