FactChecked

Software which powers the stock exchanges around the world developed in Sri Lanka. Rating ‘True and Accurate’

CLAIM

Software which powers the stock exchanges around the world, such as London, Colombo, Egypt and many more is developed in Sri Lanka

RATING

FactCheck True

TRUE AND ACCURATE

ORIGIN

 

MillenniumIT (known as Millennium Information Technologies or MIT) is a Sri Lanka-based information technology firm that specialises in electronic trading systems, systems integration services including IT infrastructure and consultation services,[2] and is headquartered in Colombo, Sri Lanka. It has been a fully owned technology business sector of London Stock Exchange Group since 2009.

MillenniumIT’s systems are used by exchange businesses around the world including, London Stock Exchange, Borsa Italiana, Oslo Børs, Turquoise, the London Metal Exchange, Johannesburg Stock Exchange and a series of emerging market exchanges.

https://en.wikipedia.org/wiki/MillenniumIT

 

 

 

Categories: FactChecked, True

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