Bonum Certa Men Certa

LSE Dumps .NET and Moves to GNU/Linux -- Claim

Reliable times  FUD fail



Summary: One of the biggest proprietary failures ends up turning to Free software; Korea has lesson to teach the UK

AFTER repeated failures [1, 2], the London Stock Exchange (LSE) -- being the black sheep that does not use UNIX/Linux for trading -- is dumping Microsoft/.NET, according to this report.



Last month, the LSE announced it will acquire Sri Lankan trading firm Millennium IT for €£18 million, replacing its Accenture built, Microsoft .Net-based TradElect platform. The new platform is understood to be based on Linux.


What we were unable to determine last month was the underlying framework of Turquoise, which is now said to be bought by the LSE.

The London Stock Exchange is in exclusive talks to buy Project Turquoise, the rival trading platform set up by nine banks in order to push down transaction fees.


One of our British readers, who was unfamiliar with Turquoise and its use of GNU/Linux, asked us: "What technology does this rival platform run on and when will Microsoft be reported to the monopolies commission?"

The other day we wrote about potentially-illegal deals that Microsoft signs in the United Kingdom's public sector. They turn the nation into a monoculture filled with vendor lock-in, so Glyn Moody, who is based around London, currently uses Korea for a cautionary note:

Korea Cottons on to the Microsoft Monoculture



[...]

That is, by instituting a monoculture, and becoming completely dependent not just on one manufacturer, but on one particular - and very unsatisfactory - technology used by that manufacturer, the Koreans find themselves trapped, left behind even by Microsoft, which wants to move on.

There could be no better demonstration of why mandating one proprietary technology in this way, rather than choosing an open standard with multiple implementations with the scope for future development, is folly.


Here is the post cited by Moody:

The article goes on to cover a lot of the issues affecting web users in Korea and how many valiant efforts have gone into trying to affect change, most significantly the 3 lawsuits that Dr. Keechang Kim has brought against various Korean policy-making bodies, without success.


Microsoft already has antitrust convictions in Korea -- two of them so far this year [1, 2].

Comments

Recent Techrights' Posts

Techrights' Statement on Code of Censorship (CoC) and Kent Overstreet: This Was the Real Purpose of Censorship Agreements All Along
Bombing people is OK (if you sponsor the key organisations), opposing bombings is not (a CoC in a nutshell)
[Meme] The Most Liberal Company
"Insurrection? What insurrection?"
apple.com Traffic Down Over 7%, Says One Spyware Firm; Apple's Liabilities Increased Over 6% to $308,030,000,000
Apple is also about 120 billion dollars in debt
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Saturday, November 23, 2024
IRC logs for Saturday, November 23, 2024
[Meme] GAFAMfox
Mozilla Firefox in a state of extreme distress
Google Can Kill Mozilla Any Time It Wants
That gives Google far too much power over its rival... There are already many sites that refuse to work with Firefox or explicitly say Firefox isn't supported
Free (as in Freedom) Software Helps Tackle the Software Liability Issue, It Lets Users Exercise Greater Control Over Programs
Microsofters have been trying to ban or exclude Free software
In the US, Patent Laws Are Up for Sale
This problem is a lot bigger than just patents
ESET Finds Rootkits, Does Not Explain How They Get Installed, Media Says It Means "Previously Unknown Linux Backdoors" (Useful Distraction From CALEA and CALEA2)
FUD watch
Techdirt Loses Its Objectivity in Pursuit of Money
The more concerning aspects are coverage of GAFAM and Microsoft in particular
Links 23/11/2024: Press Sold to Vultures, New LLM Blunders
Links for the day
Links 23/11/2024: "Relationship with Oneself" and Yretek.com is Back
Links for the day
Links 23/11/2024: "Real World" Cracked and UK Online Safety Act is Law
Links for the day
Links 23/11/2024: Celebrating Proprietary Bluesky (False Choice, Same Issues) and Software Patents Squashed
Links for the day
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Friday, November 22, 2024
IRC logs for Friday, November 22, 2024
Gemini Links 23/11/2024: 150 Day Streak in Duolingo and ICBMs
Links for the day
Links 22/11/2024: Dynamic Pricing Practice and Monopoly Abuses
Links for the day
Topics We Lacked Time to Cover
Due to a Microsoft event (an annual malware fest for lobbying and marketing purposes) there was also a lot of Microsoft propaganda
Microsofters Try to Defund the Free Software Foundation (by Attacking Its Founder This Week) and They Tell People to Instead Give Money to Microsoft Front Groups
Microsoft people try to outspend their critics and harass them
[Meme] EPO for the Kids' Future (or Lack of It)
Patents can last two decades and grow with (or catch up with) the kids
EPO Education: Workers Resort to Legal Actions (Many Cases) Against the Administration
At the moment the casualties of EPO corruption include the EPO's own staff
Gemini Links 22/11/2024: ChromeOS, Search Engines, Regular Expressions
Links for the day
This Month is the 11th Month of This Year With Mass Layoffs at Microsoft (So Far It's Happening Every Month This Year, More Announced Hours Ago)
Now they even admit it
Links 22/11/2024: Software Patents Squashed, Russia Starts Using ICBMs
Links for the day
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Thursday, November 21, 2024
IRC logs for Thursday, November 21, 2024