Thursday, May 15th, 2008

NYSE and Euronext are all powered by Linux


Interesting news - Linux powers the world’s economy! If Linux is running the largest stock exchanges in teh world, can anyone still call it “second class” to UNIX?

The New York Stock Exchange and its European subsidiary exchanges are running their trading systems on Red Hat Enterprise Linux, Red Hat announced Wednesday, as it unveiled a new marquee customer.Linux has been known to be in use at several New York financial services firms, but few have stepped up to the podium to testify on the value of their implementations. As a result of mergers and acquisitions, the New York Stock Exchange has migrated over the last few years from HP-UX to IBM AIX to Sun Solaris to Linux. NYSE Group CIO Steve Rubinow said the conversion to Linux followed the acquisition of the Euronext exchange in 2007. Unlike some trading companies that suggest Linux is running their secondary systems, Rubinow emphasized that Linux is running the NYSE’s mission-critical trading systems.

Posted by md on May 15th, 2008 | Filed in Linux, Open Source Software, RHEL |



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