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Wall St. Trading Servers To Power Off-Hour Clouds?

April 7th, 2010 04:38 admin Leave a comment Go to comments

miller60 writes “As cloud computing gains traction, some Wall Street firms running armadas of servers to power high-frequency trading operations are contemplating leasing out their excess computing capacity after the trading day ends at 4 p.m. ‘Once 4:30 rolls around, we don’t need those machines,’ said one CTO of a market data firm. ‘There may be an opportunity there.’ A similar revelation led to the creation of the cloud computing operation at Amazon.com, which built its infrastructure to handle peak Christmas-season loads that lasted just a few weeks each year.”

Source: Wall St. Trading Servers To Power Off-Hour Clouds?

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