NY Stock Exchange Moves To Linux

An anonymous reader writes "Even the old mainframe strongholds, the financial markets, are moving away from big iron. The New York Stock Exchange is one of them, as it's leaving the mainframe for AIX and Linux. They're doing it to save money; it seems that transactions are going to cost half as much on Unix and Linux as they did on the mainframe." The first phase of the transition happened last Monday.

Comments

Re:TWNBWFM

[Tuoqui]

Well considering the short message by the parent...

There has been talk for a long time about how if big companies start switching over to Linux that Microsoft will lose even more market share as other smaller companies get in their mind 'Hey we can do this too and tell Microsoft to go #*&% itself with their licensing fees'.

Not a huge deal since they did not use any Microsoft products before, but the fact that they chose Linux and AIX over Microsoft just goes to show that the financial sector wants security and reliability (Hey has Microsoft patented daily crashes yet?). I do not blame them for using Linux since uptime on them tend to be very high (sometimes in the order of years) and does not require a reboot every single time you make the tiniest most insignificant patch.