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internetnews.com: IBM, NYSE Team for Reliable Trades

Dec 14, 2004, 20:30 (0 Talkback[s])
(Other stories by Clint Boulton)


Desktop-as-a-Service Designed for Any Cloud ? Nutanix Frame

"The broad technology agreement, rumored for two weeks, was unveiled by Willy Chiu, IBM's vice president of high performance on demand solutions, and NYSE CTO Roger Burkhardt Tuesday.

"The NYSE will purchase 3,000 handheld devices, custom-designed by IBM Engineering & Technology Services. Brokers will use the gadgets, linked to a wireless network, to buy and sell orders on the trading floor.

"IBM is also supplying Linux workstations optimized for high-resolution graphics, but consume less power. Traders will use the workstations to pipe information from the exchange floor to trading desks upstairs in real-time..."

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