Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Spktyr

Thanks for that information! So in other words there are no real physical installations keeping major trading companies in NYC. I seem to remember that the financial companies want to be very close to the main financial data feed (cable) because seconds i.e. milliseconds make a huge difference in electronic trading.

With the distributed data and the improvements in data speed - NYC really doesn’t have that much to offer anymore. It used to be the nightlife, restaurants, sports, music and other venues - but if crime rates are so high and there is nowhere to go and nothing to do - what’s the attraction? (rhetorical)


113 posted on 09/29/2020 5:19:55 PM PDT by BellaMac
[ Post Reply | Private Reply | To 110 | View Replies ]


To: BellaMac

Increasingly there’s less and less advantage in staying in Manhattan as you actually increase latency when dealing with the increasingly important Asian markets if you’re there as opposed to the Midwest or West Coast.

As for your question... increasing numbers of people and companies are asking the same question, and with the forced Work From Home caused by COVID-19 more than proving the general usefulness and productivity of WFH, there’s even fewer reasons to be there.


119 posted on 09/29/2020 5:48:14 PM PDT by Spktyr (Overwhelmingly superior firepower and the willingness to use it is the only proven peace solution.)
[ Post Reply | Private Reply | To 113 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson