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

Financial Markets Data Centres Survive Sandy Devastation

Subscribe to our newsletter

Judging by feedback from various industry people in the New York City region, the principle data centres serving the financial markets survived the onslaught of Monday night’s Hurricane Sandy without any problems. One exception was a power issue at the 111 8th Avenue carrier hotel. Several data centres remain on generator power, though fuel deliveries appear to be happening as planned.

NYSE Euronext shut down on Monday and Tuesday, following some debate on whether or not to run with only its electronic market (i.e. no floor trading), prompting other securities exchanges to follow suit. A report on CNN on Monday evening that the NYSE trading floor was under water turned out to be false, and was quickly retracted. And while much of lower Manhattan went dark as power substations spectacularly exploded, some buildings at the tip of the island maintained power as they are served by a Brooklyn electrical grid.

The NYSE’s Mahwah, NJ data centre was cut over to generator power as a precaution ahead of the storm but returned to mains power supply on Tuesday.

Other data centres throughout New Jersey – including those operated by BT Radianz, Equinix, Nasdaq, Savvis and Telx – switched to generators and are mostly still running on them, as of earlier today. That said, no fuel supply issues are being reported or are expected.

One hiccup that did occur Monday night was at 111 8th Avenue, the Google-owned carrier hotel, where technical issues switching to backup power led to outages for some operations. Tenants Equinix, Telx and Zayo Communications have all experienced some issues since, related to fuel line/generator failures and cooling issues.

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: How to move to a modern, component based trading architecture using a Buy AND Build approach

Date: 7 May 2026 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes To remain competitive in today’s electronic markets, firms need trading architectures that support rapid innovation, effortless integration of new capabilities, and the agility to respond to shifting market demands. This is prompting technology leaders to move beyond the traditional...

BLOG

TNS Unifies Financial Markets Business Under Waypoint Brand

Two months after completing its acquisition of BT’s Radianz business, Transaction Network Services (TNS) has launched Waypoint Trading Solutions, a unified brand encompassing connectivity, low-latency trading infrastructure and managed market data operations. Waypoint Trading Solutions officially launched on 8th April, bringing together TNS’s existing financial markets capabilities with the Radianz extranet business it acquired from...

EVENT

ExchangeTech Summit London

A-Team Group, organisers of the TradingTech Summits, are pleased to announce the inaugural ExchangeTech Summit London on May 14th 2026. This dedicated forum brings together operators of exchanges, alternative execution venues and digital asset platforms with the ecosystem of vendors driving the future of matching engines, surveillance and market access.

GUIDE

Regulatory Data Handbook 2024 – Twelfth Edition

Welcome to the twelfth edition of A-Team Group’s Regulatory Data Handbook, a unique and useful guide to capital markets regulation, regulatory change and the data and data management requirements of compliance. The handbook covers regulation in Europe, the UK, US and Asia-Pacific. This edition of the handbook includes a detailed review of acts, plans and...