Posted By Rich Miller On August 23, 2010 @ 8:39 am In Low Latency | No Comments
The CME Group has begun operations in a new data center in Aurora, Illinois that will house the servers managing trades on the company’s derivatives markets, according to Dow Jones .
CME this week moved its electronic Globex trading platform into the new facility, and will move additional trading operations to the new site in October. A second phase slated for early 2012 will offer colocation space for brokers and trading firms to house their own systems in the facility.
The move is the latest in a round of new data center expansions driven by the growth of low-latency trading. Here’s a review:
For more coverage of the growth of high frequency trading and proximity hosting, See our Low Latency Trading Channel .
Article printed from Data Center Knowledge: http://www.datacenterknowledge.com
URL to article: http://www.datacenterknowledge.com/archives/2010/08/23/cme-group-opens-chicago-trading-hub/
URLs in this post:
 Dow Jones: http://www.nasdaq.com/aspx/stock-market-news-story.aspx?storyid=201008191551dowjonesdjonline000533&title=cme-moves-into-new-data-centerplots-electronic-growth
 new data center: http://www.datacenterknowledge.com/archives/2010/08/09/nyse-opens-mahwah-data-center/
 new data center platform: http://www.datacenterknowledge.com/archives/2010/07/26/equinix-telx-power-new-stock-exchange/
 NJ2X financial trading hub: http://www.datacenterknowledge.com/archives/2010/06/25/savvis-opens-new-nj2x-financial-trading-hub/
 colocation agreement with Verizon Business: http://www.datacenterknowledge.com/archives/2009/12/16/nasdaq-expands-colo-deal-with-verizon/
 Low Latency Trading Channel: http://www.datacenterknowledge.com/archives/category/low-latency/
 Rich Miller: http://www.datacenterknowledge.com/archives/author/richm/
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