Linux news

2007 05 15

The New York Stock Exchange Welcomes GNU/Linux

NYSE undertakes IBM mainframe migration to Unix and Linux

The New York Stock Exchange (NYSE) is migrating off a 1,600 millions of instructions per second (MIPS) mainframe to IBM System p servers running AIX and x86 Hewlett-Packard Co. (HP) servers running Linux, with the first part of the move going live today.

http://s5h.net/u?z5ed9
Related: Open Source Slowly Gains Momentum on Wall Street

Customers may be comfortable using Linux for infrastructure-type systems but less so for business software, said Monica Kumar, senior director of product manager for Linux and open-source software at Oracle.

http://s5h.net/u?zf5e30
Linux On Wall Street Is Not An Oxymoron. Or Is It?

So is Linux on Wall Street an oxymoron? Of course it's not. Linux has staunch supporters on the street who are making money with it and are recognizing the inherent benefits of the model. Linux, which is by definition free software, is not necessarily free without price or without the potential for profit. Wall Street is all about money, and Linux has proven -- and will continue to prove -- that it is a worthy tool in the quest to generate even more money.

http://s5h.net/u?z0fd7