The London Stock Exchange moves to Novell Linux - Additional
Michael Haney
thezorch at gmail.com
Wed Feb 16 10:27:04 UTC 2011
On Tue, Feb 15, 2011 at 8:33 PM, Basil Chupin <blchupin at iinet.net.au> wrote:
> .......
>
> So why is the biggest of big business switching to Linux from Windows and
> Unix? It’s the three “Ss”: speed, security, and stability.
>
> Day trading is so 20th century. Today’s sharp traders make their cash by
> running programs that trade milliseconds ahead of the other guy in High
> Frequency Trading. To do that you need really fast stock exchanges, which is
> where Linux comes in.
>
> As a Deutsche Borse representative told me these days, “Speed, or
> ‘low-latency,’ is everything for exchanges. A fraction of a second can mean
> mega gains or losses to investors. Transactions that once took minutes and
> seconds to complete are now processed in thousandths and millionths of a
> second, with the fastest trading engines reaping the biggest benefits.”
>
> They also have to be secure. When you’re looking at a million plus
> transactions per second, which is what both the LSE and Deutsche Borse
> claims their platforms can do, you don’t want anyone messing with the till
> for even a micro-second.
>
> In addition, these systems have to be stable. The LSE failure cost millions
> of pounds. Traders, who’d expected a good day, were infuriated. Any system
> can, and will, fail, but Linux is simply far more stable on servers than its
> competitors.
>
> http://www.zdnet.com/blog/open-source/the-london-stock-exchange-moves-to-novell-linux/8285
>
Let the assault of the Microsoft Marketing machine begin, and if that
doesn't work they'll go to the government and complain and try to stop
the switch-over. Can't say it won't happen because they've done it on
many occasions. Remember Microsoft interfering in a deal between
Mandriva and a certain African nation to supply their schools with
Linux PCs?
That's just one example.
--
Michael "TheZorch" Haney
"The greatest tragedy in mankind's entire history may be the hijacking
of morality by religion." ~ Arthur C. Clarke
"The suppression of uncomfortable ideas may be common in religion and
politics, but it is not the path to knowledge, and there is no place
for it in the endeavor of science. " ~ Carl Sagan
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