London migrates to Millennium stock exchange like Johannesburg
Post date: Feb 17, 2011 8:33:37 AM
London and Johannesburg stock exchanges
migrate to Millennium Exchange system
The main trading platform of the London Stock Exchange (www.londonstockexchange.com)
was successfully switched from the previous system yesterday (14 Feb) to the Millennium Exchange computer system. Technology solutions provider Millennium IT’s systems are widely installed in African stock exchanges.
Africa’s biggest exchange, JSE Ltd
Luring high-frequency traders.
just under control at NY stock exchange
Millennium Exchange system
is one of the fastest in the world, and can execute trades in 124 microseconds. Speed is a key criterion for luring Millennium Exchange system is one of the fastest in the world, and can execute trades in 124 microseconds. Speed is a key criterion for luring high-frequency traders..
announced on 3 Feb that it had concluded a licensing agreement with Millennium IT to move its equity market trading activity onto Millennium Exchange, with the move planned for the first half of 2012.
Millennium IT widely used in Africa
source: africancapitalmarketsnew.com