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LinuxPlanet: Linux Gains Ground in Wall Street Nooks, Crannies

Jun 23, 2006, 19:45 (0 Talkback[s])
(Other stories by Jacqueline Emigh)

"Behind the scenes on Wall Street, who is really using Linux? Although developers remain the major practitioners, Linux is also making headway these days as a grid platform for transaction processing, a place for running algorithmic trading engines, and even as a desktop environment, according to participants in this week's SIA (Securities Industry Association) conference in New York City.

"But showgoers also admitted to lingering obstacles for Linux ranging from the cost of service fees to interoperability issues, both across distributions and between Linux and other OS.

"Among many user organizations, Linux is getting a big boost right now from emerging environments for faster development, said Daniel Chait, a partner at Lab49, Inc., in one of a series of interviews with LinuxPlanet at the show in Manhattan..."

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