ACCESSING VENUE DATABASE
Querying 114 venues across 1,045 filings
SAPINOVER OS v2.0 :: INITIALIZING...
000%
ACCESSING VENUE DATABASE
Querying 114 venues across 1,045 filings
Data center co-location and technology platform dependency analysis across 50 active ATSs
// CONCENTRATION RISK ALERT
HIGH24 of 50 active ATSs (48%) co-locate at Equinix NY4 and NY5 in Secaucus, NJ — two data centers 0.4 miles apart. A single facility-level event in Secaucus could simultaneously disrupt the majority of U.S. alternative trading system capacity.
NY4 + NY5 CONCENTRATION
48%
SINGLE DC MAX
30%
TOP PLATFORM SHARE
56%
// DATA CENTER CO-LOCATION
Equinix NY4
Secaucus, NJ
30%
HIGHUnknown
Unknown
28%
MODERATEEquinix NY5
Secaucus, NJ
18%
MODERATENY Metro (Self-hosted)
Unknown
6%
LOW// SECAUCUS PROXIMITY RISK
Equinix NY4 and NY5 are located in Secaucus, NJ — approximately 0.4 miles apart and served by shared regional power and fiber infrastructure. Both facilities are within the same FEMA flood zone. Operational resilience planning that treats NY4 and NY5 as separate risk vectors may understate correlated exposure.
// TECHNOLOGY PLATFORM DEPENDENCY
Data center locations sourced from Form ATS-N filings (Item 14) and CalcGuard Technologies infrastructure classification. Platform categorizations reflect primary matching engine and connectivity providers as disclosed in regulatory filings. Analysis constitutes independent market microstructure research and is not investment advice.