NYSE Euronext trading on Red Hat solutions

BANGALORE, INDIA: Red Hat has announced that NYSE Euronext is using Red Hat Enterprise Linux and Red Hat Network to maintain its financial trading platform.

With Red Hat solutions, NYSE Euronext has realized greater flexibility, freedom from vendor lock-in, cost savings and the ability to handle heavy workloads while producing rapid performance results, said the company.

“Linux gave us the flexibility that we desired, and we felt that this was right for our environment. We decided to pursue it full speed ahead. We needed a good partner and found one in Red Hat. We were looking for a partner that was offering reliable software and one that would help and advise on architecture while providing the value of trusted support services. Red Hat satisfied our objectives,” said Steve Rubinow, chief information officer, NYSE Euronext.