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: Integrating Intelligent Machine Readable News

Intelligent machine readable news is a powerful tool in the arsenals of trading and investment firms seeking competitive advantage. It turns unstructured data into actionable insight and can be used, for example, to uncover market trends, identify correlations and evaluate sentiment. In turn, it can inform quant strategies and predictive models. While machine readable news...

BLOG

InstrumentiX and FMADIO Launch 100G Combined Capture and Analytics Platform

InstrumentiX, the performance monitoring and analytics solutions provider, and FMADIO, the packet capture appliance vendor, have together released a new 100G capture and analytics platform, the x-100. The x-100 was developed in response to the exponential increase in trading-related data volumes in recent years, which has driven a demand for high-performance capture and analytics to...

EVENT

Institutional Digital Assets Briefing, New York

TradingTech Insight Briefing New York will explore how trading firms are innovating and leveraging technology as a differentiator in today’s cloud and digital based environment.

GUIDE

Entity Data Management

Entity data management has historically been a rather overlooked area of the reference data landscape, but with the increase focus on managing risk, the industry is finally taking notice. It is now generally agreed to be critical to every financial institution; although the rewards for investment in entity data management appear to be rather small,...