The tower in question is the primary microwave relay into the ill-named “New York” Stock Exchange which actually is located just off MacArthur Boulevard and Route 17 in Mahwah, New Jersey, and in our opinion is the “most important tower” in the world, because without it, the financial industry, which these days means a few hundred thousands HFT algos and their math PhD creators, would grind to a halt as suddenly trading would revert back to the “caveman days” of 2007, when one actually traded not just to frontrun a whale order in some dark pool half way around the world, but actually cared about such things as “fundamentals” and “reality” (oh, and there wasn’t some $12 trillion in cental bank created liquidity supporting every asset class)… Read full article.
