Dallas would be good as far as Internet latency for both the east coast and west coast
CME: Illinois Tax 'Untenable', Looking South
- Thread starter bone
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They are not discussing moving their data centers. Do you have any idea how many prop firms there are in Chicago? Who do think generates all the revenues for the CME? Hint: it's not one lot scalpers on ET.
that the CME managed to build a massive 500,000 sf HFT data center right at the worst possible time. same with NYX. They havent figured it out yet that you need to have new suckers to make the strategy work or you eat each other to death. The facilities they are putting in are really expensive.
Yes but the point I'm making is that I've read all the press on this and the exchange is not moving. Only possibly the executive offices. There are at least 20 press releases stating this. I'm just trying to keep this thread factual.
There just looking for a tax break. but how much longer the CME can run a HFT model which I think is really short sighted remains to be seen
I wouldn't put it in Miami due to Hurricanes. Dallas, Atlanta would be best choices.