Tuesday, January 28, 2014

Is The CME less Committed to Chicago???? Are Things Becoming The Aurora Mercantile Exchange???

Crain's Chicago Business reports:
CNA is selling a data center in one the hottest markets. CME Group built a 428,000-square-foot data center in Aurora in 2010 to house a matching engine for trading.
Here's a quote from a recent CME memo:
CME Group also recently completed a new state of the art 428,000 square foot data center facility in Aurora - which houses our CME Globex match engines - as well as our co-location services which are launching early next year. These hosting, connectivity and support services will provide the lowest latency connection and maximum reliability for our customers.
The city of Aurora, Illinois is becoming a financial center.