+ - London Stock Exchange in merger talks with Singapore exchange->
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DerekduPreez
DerekduPreez writes "London Stock Exchange (LSE) has set its sights on a merger with its Asian rival, Singapore Exchange, in a move that would make it the third largest exchange group in the world.
Reports suggest that because Singapore has larger market capitalisation — £4.4 billion against LSE’s £2.8 billion – it is likely that the Asian exchange will take over its London rival.
LSE went live last year with its new Millennium IT trading platform, which is developed in C++ programming language and runs on SUSE Linux. It replaced its previous TradElect platform, which was written in C#, based around Microsoft .Net architecture on Windows Server and SQL Server.
However, no detail has been provided on how LSE’s Millennium platform would integrate with Singapore’s SGX QUEST system."
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Reports suggest that because Singapore has larger market capitalisation — £4.4 billion against LSE’s £2.8 billion – it is likely that the Asian exchange will take over its London rival.
LSE went live last year with its new Millennium IT trading platform, which is developed in C++ programming language and runs on SUSE Linux. It replaced its previous TradElect platform, which was written in C#, based around Microsoft
However, no detail has been provided on how LSE’s Millennium platform would integrate with Singapore’s SGX QUEST system."
Link to Original Source
London Stock Exchange in merger talks with Singapore exchange More Login
London Stock Exchange in merger talks with Singapore exchange