Wall St. Trading Servers To Power Off-Hour Clouds? 208
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."
heh...yeah. (Score:5, 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".
I wonder if he bothered to (Score:4, Funny)
consult with his technical people.
What am I thinking, Of course not.
Re:Is This Secure? (Score:1, Funny)
We need more data.
I'm sure that we'll get plenty of data once someone hacks one of the servers.
Re:Not a new idea... (Score:1, Funny)
What about computers the service cloud computing?
What about sentences the make sense?
Re:"Once 4:30 rolls around..." (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!