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Submission + - NYSE moving off the mainframe

BDPrime writes: "The New York Stock Exchange today started its migration off the mainframe to AIX and Linux.

Francis Feldman, the vice president of the shared data center for Securities Industry Automation Corp. (SIAC), the NYSE's technology arm, said the bottom line for the migration was the bottom line. He estimates the move will halve the cost of transactions, and though he wouldn't detail how much that would mean on a yearly basis, he said it is "serious financial savings, very serious."

AIX on System p will run the recompiled application code; Linux on HP x86 servers will run the FTP transfers."

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It isn't easy being the parent of a six-year-old. However, it's a pretty small price to pay for having somebody around the house who understands computers.