NY4: Inside Equinix’s Crown Jewel in New Jersey update from April 2016

Bloomberg profiles one of the trading world’s most important facilities

Data Center Knowledge

April 19, 2016

2 Min Read
NY4: Inside Equinix’s Crown Jewel in New Jersey
Server cages inside the Equinix NY4 data center in northern New Jersey. (Photo: Equinix)

NY4, Equinix’s nearly 340,000-square foot data center just across the Hudson River from Manhattan, is “where Wall Street actually transacts,” write Matthew Leising and Annie Massa of Bloomberg Markets in their recently published profile of the facility.

Hosting infrastructure for 49 exchanges, the Secaucus, New Jersey, site is one of the global financial industry’s most important locations few people have ever heard of. It’s where more than 6,300 companies interconnect, creating a hive of a trading ecosystem whose density any competitor would be hard-pressed to match.

The piece is both a profile of Equinix and its facilities and a beginner’s introduction to the backend of the electronic trading market as we currently know it.

For more details on the facility, here's a profile of NY4 Data Center Knowledge ran in 2014. Also, check out our photo tour of the NY4 facility.

One of the customers at NY4 is Lucera, which is a modern version of Radianz, a company that in 2000s pioneered the idea that participants in the trading ecosystem will gladly outsource the complicated and expensive task of setting up and managing interconnection.

Radianz, which British Telecom acquired in 2005 for $130 million, gave banks like Goldman Sachs a way out of the telecom infrastructure business. It offered them access to all major financial institutions through a single connection, Leising and Massa write, replacing the need to lay their own cable and set up their networks, which they had been doing since the 1980s.

Read more: The Data Centers Powering High Frequency Trading

Fast forward to today, and providing infrastructure services to the trading market is its own industry, where even the exchange operators themselves found new big revenue opportunities. NY4 and other data centers operated by Equinix and some of its competitors are where this industry’s physical manifestation can be seen.

Read Bloomberg’s profile on NY4 here.

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Data Center Knowledge

Data Center Knowledge, a sister site to ITPro Today, is a leading online source of daily news and analysis about the data center industry. Areas of coverage include power and cooling technology, processor and server architecture, networks, storage, the colocation industry, data center company stocks, cloud, the modern hyper-scale data center space, edge computing, infrastructure for machine learning, and virtual and augmented reality. Each month, hundreds of thousands of data center professionals (C-level, business, IT and facilities decision-makers) turn to DCK to help them develop data center strategies and/or design, build and manage world-class data centers. These buyers and decision-makers rely on DCK as a trusted source of breaking news and expertise on these specialized facilities.

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