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CN Reportedly Requires Traders to Move Servers Out of Exchange Data Centers to Stabilize Stock Mkt
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Chinese regulators requested traders to relocate their dedicated servers out of exchange data centers to balance market competition and maintain stability in the Chinese stock market, Bloomberg reported, citing sources. It is expected that high-speed traders will be most affected, including international trading firms such as Citadel Securities, Jane Street Group, and Jump Trading. Traders traditionally placed their servers in exchange data centers through local securities firms to gain a time advantage during trading, report told. Some traders already started removing client equipment from the Shenzhen Stock Exchange data center, sources divulged. AASTOCKS Financial News Website: www.aastocks.com |
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