Atrium Network, provider of smarter connectivity for the financial community, and Equinix, Inc. (Nasdaq: EQIX), the leading global provider of network-neutral data centres and Internet exchange services, announced today that Atrium Network has joined the EquinixFinancial eXchange by co-locating in Equinix datacentres in both London and Frankfurt.
Members of the Atrium Network extranet community will be able to further reduce their latency benefiting from Atrium Network's exchange proximity.
Atrium Network has co-located their POP with Deutsche Boerse, NYSE Euronext LIFFE, Borsa Italiana, OMX exchanges, BME, Chi-X Europe, and, when live, Turquoise. EquinixFinancial eXchange customers can now access even more liquidity pools and benefit from resilient 'back haul' through their single point of connectivity with the Atrium Network extranet.
EquinixFinancial eXchange is a community of common interest, consisting of capital market participants such as execution venues, buy and sell side firms, market data providers, technology utilities and network service providers, that locate operations within Equinixdata centers in order to implement a high-performance, low latency connectivity infrastructure within a neutral environment.
Commenting on joining EquinixFinancial eXchange, Emmanuel Carjat, CEO at Atrium Network said, "Since the introduction of MiFID, we have been focusing on minimizing latencies between clients and both the traditional and emerging pools of liquidity. In addition, we see back haul and crossover between the liquidity pools as a key challenge. Customers have identified varied challenges in pulling data back from execution venues and see this as a potential area of risk. We are pleased that by proximity hosting and becoming a member of EquinixFinancial eXchange we have been able to deliver resiliency for our customers and confidence that as new MTFs come to market, data haul will be fully resilient."
Petrina Steele, VP Business Development, Equinix added, "We are delighted to welcome Atrium Network and its extensive global customer base to EquinixFinancial eXchange. We have been impressed with Atrium Network's focus on addressing their clients' needs to address the data haul challenge and we welcome such innovators to the EquinixFinancial eXchange membership."