Proximity to the servers matters a lot for high frequency trading algorithms, to the point the big hft-using banks acquire space in the building next door to the NYSE. Milliseconds are an eternity to these guys.
There needs to be a single source of truth so I’m assuming the servers are going to be in one location (with backups of course, but the primary system would have a singular location). Otherwise you could get discrepancies.
This could then become a political issue - commercial real estate in the city where it will be built is going to shoot up in value. Which country do the extra euros flow into?
Does a stock exchange still have to be tied to a single physical location in the digital era? Perhaps it can be in both cities
Proximity to the servers matters a lot for high frequency trading algorithms, to the point the big hft-using banks acquire space in the building next door to the NYSE. Milliseconds are an eternity to these guys.
There needs to be a single source of truth so I’m assuming the servers are going to be in one location (with backups of course, but the primary system would have a singular location). Otherwise you could get discrepancies.
This could then become a political issue - commercial real estate in the city where it will be built is going to shoot up in value. Which country do the extra euros flow into?