Interesting post on Themis Trading which I picked up via Zero Hedge on the trading investment in data centers. Equity firms spent $1.8B in data centers last year, wow!
The only problem with this trend? Programmers are getting gypped:
"According to our buddies at the Tabb Group, equity firms spent $1.8 billion last year on data centers; half of that total came from sell-side shops. But even though they are spending tons of cash on the infrastructure, they are not exactly doling out the cash to their programmers."
Source: Themis Trading.
This entry was posted on Friday, July 30, 2010 at 11:13 am and is filed under Technology, Macro.
Keywords: High-Frequency Trading, Themis Trading, Data Centers
Keywords: High-Frequency Trading, Themis Trading, Data Centers
