Universal Drinfeld-Sokolov reduction and matrices of complex size

We construct affinization of the algebra of complex size matrices, that contains the algebras for integral values of the parameter. The Drinfeld-Sokolov Hamiltonian reduction of the algebra results in the quadratic Gelfand-Dickey structure on the Poisson-Lie group of all pseudodifferential operators of complex order.This construction is extended to the simultaneous deformation of orthogonal and symplectic algebras which produces self-adjoint operators, and it has a counterpart for the Toda lattices with fractional number of particles.Partially supported by NSF grant DMS 9307086.Partially supported by NSF grant DMS 9401215.