Computers rule Wall Street (CNN – Money)
It’s not fast-talking traders on the New York Stock Exchange behind the action. The majority of trading is done on large server farms based in New Jersey and elsewhere.
My Two Cents: I have been to these server farms. The deafening sounds of the thousands of fans and AC systems running on each floor, makes you wonder about if these machines are really alive. Each server rack has its own personality. Ours are always clean, our wires and plugs are tied nicely and we are proud of our server racks. It amazes me to see some racks that are a complete mess, most I have seen are these Wall Street systems, and some fortune 500 companies. It is like their IT staff just doesn’t care. No color coded wires, no labels, switches hanging from one side, KVMs, empty cardboard boxes laying around. Most of these look like scary monsters than an organized server rack. Stay away from our servers….So these systems are making trades on wall street, running software systems that calculate many factors. Make sure your 401k plan is being traded on the fastest server, some I see are over 5 years old..dog slow….lol 🙂