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A Wall Street market-maker built with remnants of a financial firm that helped pioneer computerized trading has leased data centre space in North Jersey. Surge Trading, which bought assets of Bernard Madoff's legitimate market-making business after the Ponzi schemer's arrest, recently announced plans to move its computer infrastructure west of the Hudson River.
Surge expects to relocate its primary data centre to the 338,967 sq ft Equinix facility in Secaucus by February. Surge will also be leasing space for a disaster-recovery data centre at an Equinix site in Ashburn, Va. The firm has leased backup office space at Equinix's Business Continuity Trading Room in North Bergen, should disaster occur in Manhattan.
Source: North Jersey.com