The London Stock Exchange moves to Novell Linux - Additional

[Basil Chupin]

On 16/02/2011 21:27, Michael Haney wrote:
> 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.

I don't think that you can compare an African nation fooling around with 
school PCs with the stock exchanges of the world - even the NY stock 
exchange will have to follow to keep up with the rest of the world 
otherwise Wall Street will be mighty displeased.....

BC

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