Why cooling is becoming the next battleground in high-frequency trading

Financial Derivative: As high-frequency trading firms race to deploy more powerful compute infrastructure, cooling has emerged as a critical factor in maintaining speed, reliability, and competitive advantage. In this featured article for Finance Derivative, Stewart Orrell explores why thermal management is becoming the next battleground in capital markets technology—and how next-generation cooling architectures are enabling higher performance, greater efficiency, and future-ready financial infrastructure.