Word: whiteness
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...advantage, because the exchange is "offering them things that the general investor does not get." (Firms pay for the server space they use: as little as $50,000 a year, but as much as $500,000 a month to co-locate at the NYSE and other exchanges, says Murray White, senior vice president of global technologies at the exchange...
...Fast doesn't help if your algo isn't being optimized," White says. "In fact, we've taken great pains in our new global data centers to make sure that we've preserved fair access to all members...
...secret list of users is sure to grow: the massive new U.S. data center, created because "co-location space has gotten pretty scarce," White says, is set to open next year in Mahwah, N.J. Another is planned to open next year in the U.K. just outside London. (Though the new facilities will be far from the NYSE headquarters on Wall Street, it's proximity to the exchange servers that matters to traders, and those servers will surely be at the new sites...
...current mission was quite different. In addition to freedom for Ling and Lee, Clinton no doubt intended to explore ways to arrest the diplomatic downward spiral that's ensued since Obama entered the White House in January. The North has tested its second nuclear bomb (the first test was in October 2006) as well as a long-range missile and has said it has no intention of ever rejoining the so-called six-party talks - the Bush Administration's ultimately futile attempt to get the North to, in effect, re-enact the Agreed Framework of the Clinton era. (See pictures...
...White House has not expressed a preference between Fort Leavenworth and Standish. "I don't know to the degree to which [the task force has] gotten into specific siting, and certainly no final decisions of any sort have been made," spokesman Robert Gibbs told journalists...