Financial Times FT.com

London Stock Exchange

Published: September 16 2009 09:24 | Last updated: September 16 2009 20:17

Flash forward

In the time it takes to read this sentence, an ultra-fast trading platform could have received more than 5m orders to buy and sell. That, in a nutshell, is why the London Stock Exchange is paying $30m for MillenniumIT, a Sri Lankan vendor with woofers and tweeters vastly superior to its own.

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