Wall Street becoming Linux stronghold

Posted by Scott_Ruecker on Jun 13, 2008 4:41 AM EDT
Network World; By Ellen Messmer
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Wall Street firms increasingly are buying into Linux, but some still need convincing that open source licensing and support models won't make using the technology more trouble than its worth. Linux providers, speaking this week at the Securities Industry and Financial Markets Association (SIFMA) conference in New York City, stated their cases that Wall Street firms have nothing to fear about diving into open source. Red Hat and Novell argued that's especially true now that specialized Real Time Linux has been developed that meets strict low-latency and messaging requirements of brokerages and trading firms.

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