Equinix extends network of Financial eXchange communities with addition of London and Paris

Hugh Hughes, Chief Executive Officer of Fixnetix: "Our customers increasingly rely on our ultra-low latency direct data feeds and trading connectivity to provide them with their competitive advantage."

In addition to proximity services that offer direct market access to major trading exchanges, the two new Equinix Financial eXchange communities will also provide organisations with the high levels of connectivity they need to access the growing number of multiple trading venues that firms need to connect with to be successful in today's post-MiFID environment. As a carrier-neutral colocation provider, Equinix already provides direct access to more than 300 networks, including all the leading tier one providers.

With its Financial eXchange approach, Equinix provides the speed and proximity to global execution venues that algorithmic and alternative trading strategies increasingly rely upon. Building on this direct access model, Equinix is developing a next generation of financial hubs made up of access to traditional exchanges, alternative venues, other liquidity pools, market data vendors, trading platforms, clearing and settlement providers, buy-side and sell-side representatives, hedge funds, best-of-breed network providers as well as connectivity to other key geographies such as America and Asia/Pacific.

"With our network of Equinix Financial eXchanges, we provide a highly resilient and convenient co-location platform, while our global hosting infrastructure makes us an ideal partner for the creation of neutral interactive financial communities," commented Guy Willner, President of Equinix's European operations. "We've already achieved considerable success with our major Financial eXchange solution in Frankfurt, and have recently seen a significant increase in demand from the UK and French markets for our high performance services and financial grade security. It makes good sense now to accelerate the expansion of our network, and we look forward to welcoming a broad range of financial services organisations into our London and Paris communities."

Leading financial services organisations are already taking advantage of the Equinix Financial eXchange approach to provide a range of differentiated services for their customers. Current members include Deutsche Boerse Systems, Liffe, Chi-X Europe, Fixnetix, Atrium Networks, LSE and Yipes.

"Our customers increasingly rely on our ultra-low latency direct data feeds and trading connectivity to provide them with their competitive advantage. By locating part of our technical infrastructure within an Equinix Financial eXchange, we're able to provide customers with sub-millisecond access to multiple exchanges," added Hugh Hughes, Chief Executive Officer of Fixnetix.

Another key member of the Equinix Financial eXchange community is Liffe, the international derivatives business of NYSE Euronext. According to Paul MacGregor, Liffe's Director of Technology Partnerships: "Liffe has successfully created a single market for international derivatives by bringing all of our derivatives products together on a single electronic trading platform, LIFFE CONNECT(r). We're delighted to be part of the Equinix Financial eXchange community, as it too is committed to making trading easier and more cost-effective."

Emmanuel Carjat, CEO for Atrium Network, said: "We enable exchange venues to deliver financial transaction services over our secure extranet. Joining the Financial eXchange community will enable more financial services firms to also access our extranet service, allowing them to interconnect with their own communities of interest - such as exchanges, clearing firms, CSDs and market data vendors - over our robust and scaleable technology."