3 ms·
"When billions are made on millisecond-level trade throughput, having your server right next to the server that executes your trade is worth a lot more than $4,
by mattmcknight 17y ago
"When billions are made on millisecond-level trade throughput, having your server right next to the server that executes your trade is worth a lot more than $4,000 per square foot, it’s priceless."
It's actually not priceless. If the space is truly that valuable, the price will keep rising to the point where the profitability decreases relative to the risk. The risk inherent in this is also key. If you are buying and waiting for the uptick, and then it goes down...
- sam_in_nyc 17y agoWhile you're definitely correct, you should be aware of a literary device called "hyperbole" :)
- mattmcknight 17y agoOf course, but a key implication of the article and many of the responses was that this was somehow unfair, in that connected companies had special access to these spaces. In fact, if the ability to make billions were predicated so highly on the precise location, people would likely be willing to pay quite a bit more. If the advantage were that great, one would expect the price to be higher.