Linux wins big in financial trading

Red Hat announced that announced that a European branch of the the New York Stock Exchange (NYSE) has implemented its Red Hat Enterprise Linux (RHEL) and Red Hat Network. NYSE Euronext is using RHEL for key components of its “mission-critical,” high-speed financial trading environments, Red Hat said.

NYSE Eurotext chose Linux due to its greater flexibility, freedom from vendor lock-in, cost savings, and the ability to handle heavy workloads, says Red Hat. The company beat out another Linux vendor for a variety of reasons, it says, including enhanced support and RHEL’s implementation of the open-source Security-Enhanced Linux (SELinux) guidelines.

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