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:hmm

[xzvf]

That's a good question, but on Wall Street, speed and latentcy are becoming more importantant factors than stabiltiy. That's the reason why most brokerages locate their primary data center in Manhatten, or co-locate with the NYSE. A crash that effects everybody equally is preferable to odd processing delays. No data is better than slow data is an old mantra in the trading feild, and even more important when trading is triggered electronically and milliseconds count.