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Wall St. Trading Servers To Power Off-Hour Clouds?

miller60 writes "As cloud computing gains traction, some Wall Street firms running armadas of servers to power high-frequency trading operations are contemplating leasing out their excess computing capacity after the trading day ends at 4 p.m. 'Once 4:30 rolls around, we don't need those machines,' said one CTO of a market data firm. 'There may be an opportunity there.' A similar revelation led to the creation of the cloud computing operation at Amazon.com, which built its infrastructure to handle peak Christmas-season loads that lasted just a few weeks each year."

5 of 208 comments (clear)

  1. heh...yeah. by Pojut · · Score: 4, Funny

    $20 says this idea was cooked up by someone who heard about "cloud computing" on the radio while in his cushy office, signing official looking papers and making a big fuss about "revenue".

  2. I wonder if he bothered to by geekoid · · Score: 3, Funny

    consult with his technical people.

    What am I thinking, Of course not.

    --
    The Kruger Dunning explains most post on /. http://en.wikipedia.org/wiki/Dunning%E2%80%93Kruger_effect
  3. Re:Is This Secure? by Anonymous Coward · · Score: 1, Funny

    We need more data.

    I'm sure that we'll get plenty of data once someone hacks one of the servers.

  4. Re:Not a new idea... by Anonymous Coward · · Score: 1, Funny

    What about computers the service cloud computing?

    What about sentences the make sense?

  5. Re:"Once 4:30 rolls around..." by Anonymous Coward · · Score: 1, Funny

    So of course, the logical answer is to put these servers into a containerized data center, launched into low earth orbit from a giant railgun, and splashing down in the harbor of Hong Kong or some other financial center. Just do this twice a day, back and forth to New York, and they'll always be co-located during market hours.

    Then: profit!