Brokers must shift HFT servers after China colocation ban
New exchange guidance drives rush for “proximity colo” in nearby datacenters.
Futures brokers are rushing to relocate high-frequency trading clients’ servers away from on-exchange facilities to comply with new guidelines from Chinese venues that restrict direct co-location, but they expect minimal market disruption from the change.
The push to relocate HFT firms’ servers off-exchange is the latest regulatory step targeting program trading in China, following rules introduced last year requiring exchanges to publish their HFT classification frameworks. The new restrictions
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