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Data center for NYSE under construction in New Jersey

new york stock exchange
Yes, even the mighty New York Stock Exchange can’t operate without its share of servers and switches. A 400,000-square-foot data center is currently being constructed in Mahwah, New Jersey to support risk-management software and complex algorithms for traders.

The center is located only 35 miles from Manhattan to ensure there is as little delay in data transmission as possible. When you run the world’s largest stock exchange, time is of the essence.

Built on the site of an old quarry, the data center will be finished next year. It will hold several football fields worth of hardware and cables. The cost of the project hasn’t been released, but my guess it isn’t cheap.

Sources | NYConvergence and WSJ

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