Corante

In the Pipeline: Don't miss Derek Lowe's excellent commentary on drug discovery and the pharma industry in general at In the Pipeline

Corante New York

« Implications of the Meetup.com phenomenon | Main | Jet Blue is using IT to improve the customer experience »

December 14, 2004

IBM technology powers the New York Stock Exchange

Email This Entry

Posted by Dominic Basulto

After a week or so of speculation, IBM finally announced a major contract to supply the New York Stock Exchange with handheld devices, servers and software. According to the terms of the deal, NYSE brokers will use 3,000 IBM wireless handheld gadgets to buy and sell orders on the trading floor; in addition, traders will use high-powered Linux workstations to establish a real-time information flow between the exchange floor and trading desks.

For more details on NYSE trading technology, check out this nifty 2-page PDF.

Comments (0) + TrackBacks (0) | Category: Wall Street


TrackBack URL:
http://www.corante.com/cgi-bin/mt/external.cgi/30417


EMAIL THIS ENTRY TO A FRIEND

Email this entry to:

Your email address:

Message (optional):




RELATED ENTRIES
East Village bar up for sale on eBay
Eliot Spitzer takes on the national cinema chains
California winemakers to sell wine to New Yorkers via the Internet
A blogger could become "Media Person of the Year"
A la carte cable TV pricing
NYSIA Incubator launch party tonight
Why the mathematics of congestion pricing don't work
Enjoy the holiday shopping bargains at Century 21 while you can