"IBM Corp. (NYSE:IBM)
plans to announce Tuesday that the electronic trading service that
supplies brokers with data from the New York and American stock
exchanges is shifting its key applications to Linux."
"In related news, IBM also plans to announce Tuesday it's
helping financial software provider Javelin Technologies offer
Linux-based trading applications to hundreds of institutional
"'Stock trades are one of the most sensitive, secure and
important kinds of transactions that exist,' said John Patrick,
vice president of Internet technology at IBM. 'This deal has
removed any doubt that Linux is ready for the mainstream and that
it can play a major role in electronic businesses of all kinds and
Some of the products that appear on this site are from companies from which QuinStreet receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. QuinStreet does not include all companies or all types of products available in the marketplace.