Hope they have ample backup power
Equinix Dallas was hours from running out of fuel during the last snowpocalypse.
I know of one DC that does government hosting so that they get prioritized to keep the lights on.
SEC approves Texas Stock Exchange, first new US integrated exchange in decades
171–180 of 493 posts
Re: SEC approves Texas Stock Exchange, first new US integrated exchange in decades
#172When you can buy a Governor, you buy a Governor. When you can buy a State, you buy a State. When you can buy a SCOTUS Justice, you buy a SCOTUS Justice or 6. When you can buy a POTUS, you buy a POTUS. Elon bought them all and many of you cheer. Says more about you than Elon but speaks mountains about the core of our culture and our national ethos but mostly about how easy it is to pervert people and their false ideol…
Elon has way less influence than say Peter Thiel, so this is a huge exaggeration to be honest
Re: SEC approves Texas Stock Exchange, first new US integrated exchange in decades
#173Earlier quoted context omitted.
What does this have to do with TXSE?
TXSE has everything to do with politics.
Isnt it amazing how few people actually pay attention let alone ask themselves "why?".
The worst part? HN users are much better educated and tend to be much smarter than the average person. If this audience is so easily manipulated, it's no wonder the larger population is being controlled by such obvious tactics.
sigh...
Re: SEC approves Texas Stock Exchange, first new US integrated exchange in decades
#174Earlier quoted context omitted.
Texas loses power one time for a week and the redditors will never let it go. Wild how this is still a cringe joke so many years later.
I'm not sure what is meant by Redditors... I haven't used Reddit in many years. Admittedly anectodal, but I don't remember any power outage here in Chicago over the last 11 years I lived here, but I was in Texas for work for a few weeks this summer at the NASA balloon base and there were multiple power outages.
Anecdotal, but I've lived in DFW for over a decade. The only time I lost power for more than a minute was due to a drunk driver hitting a utility pole just outside my house. They had the pole fixed and everything working again within an hour.
Re: SEC approves Texas Stock Exchange, first new US integrated exchange in decades
#175Re: SEC approves Texas Stock Exchange, first new US integrated exchange in decades
#176Hope they have ample backup power
Texas loses power one time for a week and the redditors will never let it go. Wild how this is still a cringe joke so many years later.
Texas' grid was very reliable when I was growing up there. Since deregulation however, it's no longer reliable. It used to be mandated that grid facilities were overbuilt to have some headroom for emergencies. That's no longer true. Now, Texas utilities only maintain the minimum infrastructure needed for normal operations and they have no cushion if something goes wrong. Any CEO of a Texas utility that spends money building overcapacity gets fired by Wall Street.
This was supposed to change after the 2021 crisis, but I haven't seen much evidence that it has.
Re: SEC approves Texas Stock Exchange, first new US integrated exchange in decades
#177Earlier quoted context omitted.
EU member states have more sovereignty than US states by a big margin. There isnt even a federal tax in EU.
President is sending national guard troops from Texas to other states........and this guy says this lol. EU countries definitely have more sovereignty than US states. I really don't know how people can be this confidently wrong.
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Re: SEC approves Texas Stock Exchange, first new US integrated exchange in decades
#178The Miami stock exchange (MIAX) has their matching engines colocated in Equinix's NY4 data center in Secaucus NJ, much like many other exchanges. I would not be surprised if TXSE does the same. Many trading firms already have their trading engines in that data center and I would assume TXSE would want quick access to that order flow and this might be easier if they are in NY4. Of course, they may want to have their c…
From: https://www.txse.com/trading-membership
> TXSE’s primary matching engine is located in Equinix NY6 in Secaucus, NJ, with latency equalization across NY4, NY5, and NY6. Customers outside these buildings will experience additional latency. The disaster recovery (DR) matching engine is hosted in Equinix DA11 in Dallas, TX.
> Customers may connect to DR either directly to DA11 or through TXSE infrastructure at 350 E. Cermak in Chicago. Cermak connections will have traffic backhauled to DA11 over redundant TXSE circuits. Backhaul from Cermak to the production data center is not available.
Re: SEC approves Texas Stock Exchange, first new US integrated exchange in decades
#179Hope they have ample backup power
Texas loses power one time for a week and the redditors will never let it go. Wild how this is still a cringe joke so many years later.
It's not just the "snowpocalypse". In Houston, for example, there have been multi-day power outages since then, often during hot weather where lack of adequate cooling can become a life-threatening concern. Personally I don't find it any more "cringe" than the weird boasting people like to do about our state.
Re: SEC approves Texas Stock Exchange, first new US integrated exchange in decades
#180The Miami stock exchange (MIAX) has their matching engines colocated in Equinix's NY4 data center in Secaucus NJ, much like many other exchanges. I would not be surprised if TXSE does the same. Many trading firms already have their trading engines in that data center and I would assume TXSE would want quick access to that order flow and this might be easier if they are in NY4. Of course, they may want to have their c…
> I would assume TXSE would want quick access to that order flow Perhaps Texas could use a different trading model that doesn't require ultra high speed trading. Matt Levine often mulls the idea of a system with a trading window that doesn't let the fastest connection to the order book win. Perhaps an order book that works at human speeds so humans can trade too (I can think of a few ways to do it - but would need mo…
If trades were batch processed say every 5 seconds, and randomized in the case of ties would that solve the fastest connection issue?