The upgrade of Euronext Liffe's Liffe Connect trading
system, originally planned to start its rollout on 10 July, has
been delayed after a fault was found in the software. While an
exchange spokesperson said the delay could be as short as a
week he admitted that the exchange did not know for sure how
long it would take to repair the flaw.
Euronext Liffe also denied claims that the move of Liffe
Connect to the Linux operating system, in an effort to improve
its execution speed and facilitate itself for a growing number
of black box traders, was an attempt to bolster the system as
it has come under threat of replacement by Eurex's trading
system (see FO Week Vol 11 No 25).
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