Chinese exchanges have closed in‑machine‑room LAN trading circuits and standardized market access via wide‑area networks, triggering a scramble for colocation space adjacent to exchange data centers. Near the Shanghai Stock Exchange's Jin Qiao data center, standard 4,000‑watt racks are being quoted at about 10,000 yuan/month, up from roughly 7,000 yuan previously; availability tightened and allocations were already limited in March–April. Multiple quantitative firms report rack rates have risen

Chinese exchanges have closed in‑machine‑room LAN trading circuits and standardized market access via wide‑area networks, triggering a scramble for colocation space adjacent to exchange data centers. Near the Shanghai Stock Exchange's Jin Qiao data center, standard 4,000‑watt racks are being quoted at about 10,000 yuan/month, up from roughly 7,000 yuan previously; availability tightened and allocations were already limited in March–April. Multiple quantitative firms report rack rates have risen severalfold. Firms say proximity to the exchange data center still yields latency benefits even without direct access to exchange machine rooms.