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The Cost of Co-Location and When to Make a Move

1215-panel
(l-r) Sean Lawrence, Miguel Ortega, Francis Huang, Matthew Hassan. Wayne Schmidt moderated.

The panelists were:

* Sean Lawrence, CEO, ABN Amro Clearing Tokyo
* Miguel Ortega, head of market data, Deutsche Securities
* Matthew Hassan, quantitative primes services, Nomura Securities

A question was asked by an audience member: How do you decide to make those investments as co-location costs increase? How do you balance the benefits and the costs?

Ortega: It is sometimes reactive to what the market is doing. When you see that the market is strong but your hardware is aging, you just go out

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