Equinix’s New York Area Data Center Hub Offers Increased Access to Execution Venues
First Published Tuesday, 26th August 2008 from Automated Trader : EMS News
Knight Capital Expands Electronic Access and Trading Connectivity to Equinix LON Data Center
Steve Smith, President & CEO, Equinix: "We've invested significantly to make sure our IBX centers set the industry performance standard."
Equinix has announced that Knight Capital Group, Inc. has established operations at Equinix's New York-4 Internet Business Exchange data center. The move will enable Knight to take advantage of Equinix's best-of-breed Colocation services, to provide an additional low latency access node for clients of Knight's expanding portfolio of advanced market access and trade execution services across multiple asset classes.
Operating within Equinix's NY4 data center hub will allow Knight clients to choose from a broad array of high-bandwidth, low latency connectivity providers, enabling them to take advantage of a broad range of customized trade execution products and services. This will include direct connections to Knight's electronic access and trading offerings, such as the Hotspot FX foreign exchange ECN; Knight Direct EMS, a broker-neutral electronic trading platform covering multiple asset classes; and Knight Link, dark access to Knight's internal liquidity.
Equinix's NY4 data center offers Knight's clients access via a broad array of telecom service providers which are vital to the electronic trading community. In addition, the cross-connect capability offered by the Equinix Financial eXchange solution provides a platform for direct connection to Knight's technology infrastructure.
"Knight has an expanding array of electronic access and trading products and services available," said Steve Sadoff, Senior Managing Director and Chief Information Officer, Knight Capital Group. "As we have grown the electronic side of our business and expanded our client base, the demand for colocation services has increased. Equinix's state-of-the-art New York area data center and wide array of global, regional and metro network providers significantly strengthen the connectivity choices available for our clients. Furthermore, Equinix's proven dependability and service will help Knight maintain its reputation for speed, dependability and consistent high-quality trade executions."
"Our network-rich IBX centers ideally complement Knight's existing data center operations, and colocation in our New York area center will give their customers a high-performance connectivity platform with high speed, low latency connectivity and proximity to their core trading platforms," said Steve Smith, president and CEO of Equinix. "We've invested significantly to make sure our IBX centers set the industry performance standard, so we're delighted when a leading financial services firm such as Knight selects Equinix for their colocation and proximity needs."