However, another data center for trade of low latency is being built in New Jersey, this time by the exchange group’s largest and most liquid in the world, NYSE Euronext (www.nyse.com), which expects to complete its 400,000 square-foot data center in 2010.
Expected to be a cornerstone of the New York Stock Exchange’s main data center of the planned review, a report in the Wall Street Journal, the new data center in Mahwah, New Jersey, will offer space for placement of low latency for commercial operations. NYSE, which has facilities in New York and Paris, also is building another in the London area.
NYSE Euronext co-chief information officer Steve Rubinow said the Wall Street Journal that the new facilities offer the latest in data center design and technology. “We are approaching our new data center design with new ideas and innovative ways to maximize space and the cost to deliver the lowest latency and best performance to our customers,” Rubinow said, noting that the Mahwah facility will offer “the obsessive merchants “an advantage.
In support of the proximity of accommodation necessary for applications in financial markets, companies like Savvis and Equinix have completed the expansion of its colocation facilities North Jersey this summer. More recently, a provider of Internet web hosting company in New York (www.nyi.net), which specializes in the financial services industry, announced plans to build 40,000 square meter data center in Bridgewater, New Jersey.