Nasdaq building in Times Square
CoolingThis Heat Wave's So Bad It's Even Slowing Down US Stock TradesThis Heat Wave's So Bad It's Even Slowing Down US Stock Trades
High-speed traders on the US East Coast are seeing slower trades as a result of the weather•High humidity caused by the heatwave in the New York City area is slowing down radio transmission between three New Jersey data centers where US stocks trade•Nasdaq sent a note to customers saying it's taking 8 microseconds longer to send information from its data center in Carteret to the NYSE data center in Mahwah, and an extra 2 microseconds to send data to the Cboe Global Markets exchange in Seacaucus, Bloomberg reported
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