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Co-location lets hedge funds trade next to exchanges

What happens in these data centers is at once mundane and mysterious.

By Irwin Speizer Across the Hudson River from Manhattan, among the warehouses, distribution centers and low-rise office buildings that have collected in Secaucus, N.J., sits an unassuming example of modern suburban office design. Beyond the front door is an unwelcoming foyer with no reception desk, no tenant list, no indication that

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