contingency plans---

M

marketsurfer

sitting in the trading room, bored on a saturday morning, waiting to go snow boarding this afternoon in the fresh fallen powder, a thought came to me---if terrorists or a natural disaster happens to hit the NYSE, CBOT, CME, etal, do these exchanges have contingency plans such as alternative locations, data back up, etc. ?? do you have a plan should the unspeakable happen ??


best,

surfer
 
Quote from marketsurfer:

sitting in the trading room, bored on a saturday morning, waiting to go snow boarding this afternoon in the fresh fallen powder, a thought came to me---if terrorists or a natural disaster happens to hit the NYSE, CBOT, CME, etal, do these exchanges have contingency plans such as alternative locations, data back up, etc. ?? do you have a plan should the unspeakable happen ??


best,

surfer
More...

Yes. They do.
For example, when I worked at an investment bank at NYC, the production database was replicated to London every 30 seconds or something like that. I forget the exact time interval. It has been a while.......



:p :p :p
:D :D :D
 
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