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willybfriendly - 6:20 pm on Dec 24, 2010 (gmt 0)


Maurice, generally unseen, and widely unknown, any number of large data centers dedicated to automatic, algorythmized electronc trading have sprung up in and around NYC. For these outfits, largely operating on arbitrtation of pennies per share, made up by massive volumes, a couple milliseconds of latency can mean millions of dollars every hour.

Your average DC might better be placed where land and power are cheap. Not so in this case though...


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