NY Stock Exchange Moves To Linux 272
An anonymous reader writes "Even the old mainframe strongholds, the financial markets, are moving away from big iron. The New York Stock Exchange is one of them, as it's leaving the mainframe for AIX and Linux. They're doing it to save money; it seems that transactions are going to cost half as much on Unix and Linux as they did on the mainframe." The first phase of the transition happened last Monday.
Moves away from big iron is more accurate (Score:5, Interesting)
hmm (Score:4, Interesting)
what was it on before? (Score:4, Interesting)
Wonder if someone really dropped the ball. (Score:5, Interesting)
I'm a little surprised that IBM didn't manage to sell them on a new mainframe, or at least on its own clustered solution; or that they didn't ditch IBM completely and go with somebody else (what I'd suspect if somehow someone at IBM had really stepped on the wrong foot).
There's not a whole lot of information in TFA about their old system, which actually sounds like it must be fairly neat; it's only described as a "1,600 MIPS mainframe" and then from context it's clear that it's an IBM of some sort. Another surprising thing is that they complain that the software licenses for it, among other things, are prohibitively expensive -- you'd think that IBM, in danger of losing a mainframe customer completely to commodity kit, would cut them some sort of a cheap-or-free deal on the software just to keep them around and on the support contracts. (I really gotta wonder if someone really boned this up; I mean, if you can't keep a mainframe contract at a place like the NYSE, really, what are you doing?)
To quote Keanu Reeves, "Whoa" (Score:5, Interesting)
Now that's service. I realize it's only compiling one code into another form but being able to take the code, compile it into what you need AND still have it work correctly in a 24 hour period is no easy feat.
If nothing else, other firms will look at this migration to an aix/linux platform and see the cost benefits of doing so. After all, if the NYSE has done it, it can't be a bad thing.
Re:That ad about Windows on stock exchange (Score:3, Interesting)
I'd be interested to know if someone has any information or more educated guesses on what they probably have.
(Humm
Re:Licensing Fees (Score:5, Interesting)
They don't enjoy it, though - they have to stock a zillion old parts for a zillion old architectures, they have to train new guys on stuff that was obsolete before they got out of diapers.
They gradually crank up maintenance fees to "encourage" you to upgrade to new kit that is easier to support.
Linux is not a replacement for Mainframes (Score:2, Interesting)
Enough of the ignorant "Linux is the greatest!" drivel...
They made a bad financial desicion.
Any savings they think they made in the hardware, licensing and support costs will be lost many times over as soon as the system makes a small error or goes down.
This is the reason why financial transactions still use mainframes.
Mainframes [wikipedia.org] are unique in their integration and optimization between the hardware and the operating system they run. It gives you a level of performance, integrity and fault tolerance which cannot be achieved by taking generic hardware and sticking Linux on top.
They probably thought (ironically like the stockmarket does) that in the short term there is significant savings to be made switching the system to generic hardware and linux. In the long term however they will be faced with more expensive and frequent maintenance and upgrade cycles. Mainframes on the otherhand are scalable almost to infinity and you pay for the reliablity and maintenance upfront when you purchase the system.
What they could've done is buy a new mainframe and run their application level with virtualized Linuxes. After all this is what mainframes are good at.
Too bad... (Score:3, Interesting)
As an example, it calculated a person's balance by starting with their opening balance, then went down the vsam file, adding and subtracting amounts, till it reached the bottom and gave the total. This process was instantaneous, even given all the other things it was doing.
Sure there are better ways to do it, like storing the data in a real RDMS, using a trigger to update a "balance" field so it's a quick query instead of a lot of calculations, etc., but I wonder if so much of what we do is simply making the best of essentially a hardware deficiency; the baddest Intel-based Linux box probably couldn't do what this 20 year old mainframe can do, so we make it do the same thing but in different ways.
Working with the mainframe programmers, all Cobol folks, made me think always of that great Dilbert cartoon of the smug Unix guy giving Wally a nickel and saying "get yourself a real computer"
So ultimately it's too bad that mainframes, for all their horsepower, really do resemble, to a certain extent, the moniker "dinosaur" in that their mammoth bulk simply couldn't get them out of the tar pits of cost and space.
The coda to this is that, once you've used JSO on TSO, every Unix command looks like it's written in the Queen's English by comparison.