Knight boosts New Jersey data centre

JERSEY CITY, NJ - To meet the demands of its growing electronic trading business, broker-dealer Knight Capital Group is adding extra space in its data centre and on its trading floor, according to a senior official.

Knight is extending its current data centre, also used for its foreign exchange business Hotspot FX, by 4,200 square feet, according to Steven Sadoff, executive vice-president and CIO of Knight.

"As we continue to grow our electronic business, as our volumes ramp up, as our number of

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