High-frequency flap over CME’s Aurora data center

Exchange group’s migration to Google’s cloud could render HFT networks redundant

CME Group is considering closing its main data center in Aurora, Illinois as part of the cloud services deal it signed with Google in 2021, despite fierce opposition to the move among Chicago-based proprietary trading firms (PTFs).

Late last year, the exchange group privately asked some PTFs where it should locate its data center if it decided to leave Aurora, around 35 miles from downtown Chicago. The question did not go down well with local firms, which have spent small fortunes connecting to

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Waterstechnology? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here