Commentary

Erik Hoel
Traders Magazine Online News

Will The Bitcoin Bubble Pop Or Will It Envelop Us All?

Guest contributor Erik Hoel asks the question whether the worst is over for bitcoin holders, or still yet to come, what is yet to come? And why.

Traders Poll

In your opinion, what is the biggest hurdle facing the blockchain?

Cost of implementation

17%

Too many systems available

23%

Not applicable to my business

3%

Uncomfortable with the technology

33%

Nobody else is using it

23%

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April 5, 2008

Credit Suisse's New Data Center

By Michael Scotti

Credit Suisse will begin using a new data center in Weehawken, N.J. in the second quarter that will give its algorithmic trading group, AES, the ability to handle 2.5 million quote changes per second. That's roughly five times its current ability, according to Dan Mathisson, global head of AES. The new data center, its third, will also lower trading latencies because it is located in the same building as BATS, the ECN, and Arca. The upgrade will provide AES the capacity to trade 3 billion shares a day, Mathisson added.

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