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NewsForge: Tradeware Trades Solaris for Red Hat

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“Tradeware Global is a financial services company that allows
securities brokers to provide direct market access to their
clients. It currently handles 5% of all transactions in the New
York and American stock exchanges. Tradeware is about halfway
through with an infrastructure migration that is moving the
company’s 100+ servers off of Solaris and onto Red Hat Linux.

“Direct market access is a new buzz phrase in securities
brokerage. It allows the ‘buy side’–institutions that typically
engage the services of a broker–to control market transactions by
leasing the broker’s access to those markets. Brokers get a new
income stream, and companies save money on deeply discounted
commissions…”

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