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Linux powers world's fastest stock exchange

Sep 01, 2009, 19:05 (0 Talkback[s])
(Other stories by Steven J. Vaughan-Nichols)

[ Thanks to Steven J. Vaughan-Nichols for this link. ]

"This isn't speed just for the sake of speed. The Deutsche Borse spokesperson told ne that, "As the financial markets continue their recovery efforts, the world's stock exchanges -- 161 in all -- are in a fierce battle to win and keep clients by delivering what customers want most: the fastest, most secure and highest reliability trading possible. This has led to a technology "arms race" among the exchanges who are using computerized algorithms to bundle hundreds of thousands of stocks into single, split-second transactions."

"He continued, "Speed, or 'low-latency,' is everything for these exchanges. A fraction of a second can mean mega gains or losses to investors."

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