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?
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?