Euronext.liffe, the international derivatives business of Euronext, is migrating its electronic trading infrastructure to the Linux operating system under an agreement with open source outfit Red Hat.
Red Hat says Atos Euronext Market Solutions (AEMS) - which was created from the merger of the AtosEuronext joint venture with the Euronext.Liffe Market Solutions business - will migrate the Liffe Connect trading platform to Red Hat Enterprise Linux, which will run on HP AMD based hardware.
The exchange is reportedly replacing Sun Microsystems' mainframe platform and Solaris operating system with the new Linux system. The migration is intended to increase the performance of the platform by a factor of 10 and reduce costs by a factor of four, says Red Hat.
The vendor says AEMS will roll out approximately 3000 gateways running its Enterprise Linux technology for member trading firms operating on the global Liffe Connect platform.
The Red Hat Network will allow AEMS to manage the network of Liffe Connect gateways, ensuring that the entire trading infrastructure is constantly supported with the latest software patches and security updates. AEMS will also use a pair of resilient Red Hat Network Satellite servers at its primary locations, feeding 18 Red Hat Network Proxy servers in other locations around the world. Each of these will be equipped with update, management and provisioning entitlements.
Commenting on the move, Jean-Marc Bouhelier, CEO, AEMS, says: "Our migration to Red Hat Enterprise Linux will significantly improve the price performance of our solutions, thereby allowing our customers to reduce their unit costs."