About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Telx’s NJR3 Data Centre Opens Today!

Subscribe to our newsletter

Located in Clifton, NJ, Telx’s new 215,000 square foot data centre – dubbed NJR3 – is having its grand opening today.

Under construction since 2011 and built at a cost of $200 million, the three story LEED designed NJR3 features 100,000 square feet of usable “white space” for customer equipment, 24,000 kW of power, diversely fed from the grid, 16,200 kW of UPS and 27,000 kW from generators.

The Clifton location – which is Telx’s 19th data centre – is ideal for connectivity into financial markets, being on a direct path between, and equidistant to, NYSE Euronext’s Mahwah, NJ and Nasdaq OMX’s Carteret, NJ facilities, and with fibre connectivity into data centres operated by Equinix and Savvis.

According to data centre consultant Eric Thelen, managing director at DJS Group, NJR3 is “a perfect solution for combining arbitrage trading strategies and production data centres at significantly less cost than competing data centres in the area.” He characterises NJR3 as “a benchmark for how other facilities will be built moving forward.”

Says Telx’s head of financial services Shawn Kaplan, NJR3’s white space will be brought into operation in six phases, according to customer demand. Kaplan says that the first phase is ready for equipment installation now, and that contracts have been signed with early customers.

Also, adds Kaplan, the location of the building – around 12 miles inland from Manhattan and outside the 500 year flood plain – makes it attractive to firms that value continuity in the wake of events like Hurricane Sandy.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Unlock the Future of European Equities & Trading Technology: 2024 and Beyond!

In a world where the financial landscape is perpetually evolving, 2023 has brought widespread discussions around liquidity, regulatory shifts in the EU and UK, and advancements like the consolidated tape in Europe. For the year ahead in 2024, the European market is poised for transformative changes that will influence the future of trading technology and...

BLOG

Trading South Africa’s Financial Markets – Technology Considerations, Challenges and Opportunities

The Republic of South Africa (RSA) stands apart from many other African nations, in that it benefits from a mature, well-structured and dynamic financial market environment, supported by modern technology, and backed by robust regulations. And despite various global and domestic challenges and uncertain macroeconomic conditions, the country has managed to maintain a strong growth...

EVENT

TradingTech Briefing New York

Our TradingTech Briefing in New York is aimed at senior-level decision makers in trading technology, electronic execution, trading architecture and offers a day packed with insight from practitioners and from innovative suppliers happy to share their experiences in dealing with the enterprise challenges facing our marketplace.

GUIDE

Evaluated Pricing

Valuations and pricing teams are facing a much higher degree of scrutiny from both the regulatory community and the investor community in the glare of the post-crisis data transparency spotlight. Fair value price transparency requirements and the gradual move towards a more harmonised accounting standards environment is set within the context of the whole debate...