Articles from EXEC DIGITAL UK

Buildings beside Buckingham Palace and in the unexceptional English town of Basildon are among the centres of a quiet revolution in European stock markets as trading firms and funds seek to boost lightning-fast trades by a few millionths of a second. Basildon, near London, is where NYSE/EuroNext, which runs four European bourses, is setting up a huge new data centre to cut out the milliseconds lost when trading orders cross the North Sea. And secretive hedge fund firm BlueCrest is running some of the "black boxes" it uses for automated trading in screen-filled trading offices once used by Enron, overlooking Buckingham Palace gardens in London. It also has another data centre south of the River Thames. With assets under management of about $15 billion (8.9 billion pounds), of which around 60 percent is in its black box systematic trading strategies, BlueCrest relies on powerful computers that run programs ... (Read Full Article)

In January 2010, The Carbon Reduction Commitment will come in to place as the first mandatory carbon trading scheme in the UK. All companies that use more than 6000 MWh per year of electricity will be affected by the initiative, so it is more important than ever that data centre managers assess their environmental impact. For this reason, it is essential that organisations start now to assess their existing technology implementations and data centre designs to ensure that they can continue to support the needs of their customers without breaching regulations and facing harsh penalties. (Read Full Article)