Revolutionizing Algo Trading Infrastructure in Northern Europe
Highlights:
- XTX plans to invest $1 billion in a new data centre hub in Finland.
- The facility aims to enhance algorithmic trading capabilities in the region.
- This investment signifies a strong commitment to improving technology and infrastructure in Northern Europe.
XTX announces a significant investment of $1 billion to establish a state-of-the-art data centre hub in Finland, aimed at bolstering its algorithmic trading operations. This strategic move not only enhances the company’s technological capabilities but also positions Finland as a key player in the algo trading landscape. The new facility is expected to bring substantial improvements in trading speeds and overall efficiency, reflecting a growing trend of investments in advanced trading infrastructures within Northern Europe.