How Linux mastered Wall Street

How Linux mastered Wall Street

When it comes to the fast-moving business of trading stocks, bonds and derivatives, the world's financial exchanges are finding an ally in Linux, at least according to one Linux kernel developer working in that industry.

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As an alternative to traditional Unix, Linux has become a dominant player in finance, thanks to the operating-system kernel's ability to pass messages very quickly, Lameter said in an interview with IDG. In fact, the emerging field of high-frequency trading (HFT) would not be possible without the open-source operating system, he argued. Lameter himself was hired as a consultant by one exchange -- he won't say which one -- based on his work in assembling large-scale Linux clusters.

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An interesting read regarding the use of Linux in high-frequency trading applications.
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