[Info-vax] London Stock Exchange in merger talks with Deutsche Börse

[johnwallace4 at yahoo.co.uk]

On Tuesday, 23 February 2016 19:36:43 UTC, Phillip Helbig (undress to reply)  wrote:
> In article <dj37cnFgscaU1 at mid.individual.net>, Roy Omond <roy at omond.net>
> writes: 
> 
> > http://www.bbc.co.uk/news/business-35639157
> > 
> > Given that the Deutsche Börse is a big VMS user, I wonder what the 
> > combined setup will use.
> > 
> > Phillip ?  Any rumours ?
> 
> Rumours are all over the press (so much so that I can guess what the URL 
> above refers to without checking it).  We noticed it because, at lunch, 
> we saw the price of DB stock jump.  (That of the LSE jumped even more.  
> Usually, the price of the buyer drops when there are such rumours.  
> There is an official statement by now.  It's being billed as a merger of 
> equals, but according to market capitalization DB is somewhat larger and 
> if it goes through DB stock owners will own the majority of the stock 
> after the swap.  The idea is to have the board 50/50 immediately after 
> the merger.
> 
> But it is still early.  Since I've been there, DB has bought (and sold) 
> some smaller companies, and there have been various cooperations, but 
> none of the merger ideas (NYSE, Euronext, LSE (10 years ago)) happened.  
> NYSE probably would have but it was forbidden.
> 
> DB is still a big VMS user, although the newer systems are mostly linux.
> Most of the old ones (not just VMS) are still there.  There is VSI 
> support in some areas (for new Itanium, not x86---don't know if that 
> will come, but never say never; the "migrate from VMS" (like fusion 
> power, always several years ahead, and has been for decades) decision 
> was made just before VSI came on the scene.  Interesting times.
> 
> Of course, the UK referendum will certainly have some role to play here.
> 
> As to technology---such decisions, I am guessing, would be made only 
> after a successful merger.

The LSE has used a variety of things over the years, and notably
failed with its Windows-based trading system TradElec which was
replaced by a SUSE (Linux) based system.
http://www.zdnet.com/article/the-london-stock-exchange-moves-to-novell-linux/

Anyone know whether the LSE's SuSe is still in use, and/or what
came before TradElec (e.g. in Taurus, often described as a
failure, and its replacement, CREST, often described as a success).