(WEB HOST INDUSTRY REVIEW) — The New York Stock Exchange (www.nyse.com) will open its massive trading data center in Mahwah, New Jersey next week before Monday’s opening bell, according to a report by The Record.
The exchange group first announced it would be building the data center last September.
Parent company NYSE Euronext says it plans to start trading 19 stocks on servers “matching engines” housed inside the 400,000-square-foot data center, located along Route 17.
The company hopes to migrate all of the New York Stock Exchange-listed stocks from servers in New York City by September, says an NYSE Euronext spokesman.
The remainder of the NYSE Euronext’s exchanges is expected be moved to the Mahwah facility early next year.
NYSE Euronext has been relatively quiet about the Mahwah facility, however, more information can be found in public filings on the Internet.
The exchange group has reportedly spent $600 million for the Mahwah data center facility and another near London, UK, which opened in May.
In addition to these two new data centers, NYSE Euronext owns and operates data centers in Paris and New York City.
Earlier this week the exchange reported that its revenues from technology services had increased from $49 million in the second quarter of 2009, to $75 million in the second quarter of 2010.
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