Europe Ramps Up Demand for Co-Location Speed

Co-location lets European exchanges move closer to the action.


Long responsible for driving much of the hedge fund trading on U.S. exchanges, statistical-arbitrage fund managers — those who try to capitalize on short-term pricing anomalies — have finally arrived en masse in Europe. These secretive managers, whose closely guarded trading algorithms are hatched by computer programmers, mathematicians and engineers, thrive on speed, and a sliver of a second can make all the difference.

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