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Citigroup trader made error behind flash crash in Europe stocks

Citigroup Inc.’s London trading desk was a behind a flash crash that sent shares across Europe tumbling on Monday, dealing a fresh setback to the bank’s ....

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Basildon to Bergamo: Euronext data move seen as headache for traders


3 minute read
The logo of stock market operator Euronext is seen on Euronext headquarters at La Defense business and financial district in Courbevoie near Paris, France, November 21, 2019. REUTERS/Charles Platiau
Euronext s decision to move its huge data centre from Britain to Italy because of Brexit could mean a costly headache for banks and other stock traders who measure competitiveness in nanoseconds.
The pan-European bourse said on Thursday it would move its data centre from Basildon, a town east of London, to Bergamo near the Italian financial capital of Milan in the second quarter of 2022.
Bergamo is where Borsa Italiana has a disaster recovery site, and Euronext completed its acquisition of the Milan exchange on Thursday and is keen to show Italy the takeover s benefits. ....

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Euronext to shift trading servers from Britain to Italy


Euronext to shift trading servers from Britain to Italy
European bourse announces move from Basildon to Bergamo
29 April 2021 - 18:28 Huw Jones and Valentina Za
Picture: BLOOMBERG/JASPER JUINEN
London/Milan   Euronext s decision to move its huge data centre from Britain to Italy because of Brexit could mean a costly headache for banks and other stock traders who measure competitiveness in nanoseconds.
The European bourse said on Thursday it would move its data centre from Basildon, a town east of London, to Bergamo near the Italian financial capital of Milan in the second quarter of 2022.
Bergamo is where Borsa Italiana has a disaster recovery site, and Euronext completed its acquisition of the Milan exchange on Thursday and is keen to show Italy the takeover s benefits. ....

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Basildon to Bergamo: Euronext data move seen as headache for traders


By Syndicated Content
By Huw Jones and Valentina Za
LONDON/MILAN (Reuters) – Euronext’s decision to move its huge data centre from Britain to Italy because of Brexit could mean a costly headache for banks and other stock traders who measure competitiveness in nanoseconds.
The pan-European bourse said on Thursday it would move its data centre from Basildon, a town east of London, to Bergamo near the Italian financial capital of Milan in the second quarter of 2022.
Bergamo is where Borsa Italiana has a disaster recovery site, and Euronext completed its acquisition of the Milan exchange on Thursday and is keen to show Italy the takeover’s benefits. ....

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