London Stock Exchange Group plc (‘the Group’) announced today it has completed its acquisition of MillenniumIT. The transaction will provide the Group with a new, high performance trading platform and an agile, efficient, in-house IT development capability and give MillenniumIT the backing it needs to enable it to develop further its global exchange technology business.
- Millennium Information Technologies (MillenniumIT) unveiled a revolutionary new release of its trading platform this week. It possesses ultra fast order processing capabilities, making it the world's fastest trading platform. During the project, MillenniumIT collaborated with Intel Corporation to achieve a 130 micro second order latency using the Intel® Xeon® 5500 processors. These tests were conducted at Intel’s fasterLAB facility near London UK.
The 2009 Summit was also a further step in the direction of enhancing cooperation between Cisco Systems and MillenniumIT. The Cisco Partner Summit 2009, allowed MillenniumIT to strengthen direct links with the global leader and to gain a stronger understanding of Cisco’s latest products and services.
Participation in the Summit shows our commitment to a long term relationshipwith Cisco Systems and our commitment to deliver the highest standard of services to Cisco clients in Sri Lanka. The Summit also provided a better understanding on how to deliver the latest Cisco products and services in Sri Lanka and on aligning ourselves with the Cisco product road map,” said Faiq Faaiz, Executive Vice President
MillenniumIT, a leading system integration company became the first partner in Sri Lanka to obtain both the Cisco® Advanced Unified Communications (UC) and Cisco Advanced Security Certifications recently.
NEW DELHI: Indiabulls Financial Services today said its commodity exchange in partnership with MMTC will go live in the first quarter of next financial year.
"The exchange is expected to go live in the first quarter of next financial year, subject to regulatory approvals," Indiabulls said in a statement.