Tux moves to Wall Street

— 10:02 AM on August 30, 2001

Yahoo/Reuters is reporting that the Securities Industry Automation Corporation (SIAC) (the company that runs the NYSE and AMEX information processing center) has moved a critical e-mail program, which sends daily activity reports to brokers, to Linux. The system previously operated on a Sun Microsystem solution, but SIAC was enticed by IBM's strong support of Linux and the hope of lowering costs. The Linux system uses an IBM mainframe computer that mimics a number of smaller Linux machines working together in order to improve manageability.

It's wonderful to see Linux make headway into more and more critical markets. It also make me wonder if the continuing growth of Linux in the server market might eventually make for a product with the support and structure to spill over into the desktop market.

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