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Fixnetix extends network to Equinix NY and Chicago data centres

22 June 2009  |  1256 views  |  0 Source: Fixnetix

Fixnetix, a leading provider of ultra-low latency market data, trading access and exchange hosting services, and Equinix (Nasdaq: EQIX), a provider of global data centre services, today announced that Fixnetix has expanded its operations to Equinix International Business Exchange (IBX) data centres in the New York and Chicago areas in order to offer the lowest latency US data and market access for European firms looking to trade in the US.

The move, which builds upon current Fixnetix deployments at Equinix centres in London and Frankfurt, will also provide US-based trading firms, prime brokers and hedge funds with direct, low-latency access to key European markets.

Within Equinix's New York and Chicago centres, Fixnetix will have a direct connection to Equinix Financial eXchange's established community of execution venues, buy and sell side firms and technology utilities, that have located at Equinix's high performance data centres to access the widest choice of low-latency networks and to directly exchange data with strategic partners and customers in close proximity. The high quality and advanced design of Equinix's centres offers financial customers a full range of scalable services, including colocation, interconnection, support and the highest levels of security.

Fixnetix's direct ultra low latency trading access and market data feed solutions have been designed to be fast, reliable and flexible, and feature best of breed feed handler technology, unparalleled high bandwidth provision and full redundancy throughout the entire delivery mechanism. Fixnetix feeds integrate easily into an organisation's existing architecture or can be used in a dedicated environment such as the Equinix Financial eXchange to deliver ultimate end-to-end performance. Whether colocated using Fixnetix's @Source hosting or connecting via the company's Ethernet and Fibre networks, Fixnetix always ensures the fastest end-to-end performance for trading infrastructures.

"Fixnetix is well known for offering the highest levels of performance for its end-to-end, ultra-low latency market and data services," said John Knuff, director of business development for Equinix. "We are delighted that when they decided to expand their operations in North America, they chose Equinix's financial hubs in the New York and Chicago areas as their primary US points of presence. The large community of financial trading firirms in our New York and Chicago area centres will now have access to Fixnetix's low-latency market data and trading infrastructure, offering minimal latency to all major trading venues in Europe."

"With this expansion into the North American market we're looking to capitalise on the growing demand from firms with trading strategies that require access to related - but separate - international markets," added Fixnetix's Chief Executive Officer, Hugh Hughes. "Our customers rely on our ultra-low latency market data feeds and trading connectivity to provide them with competitive advantage, so when we decided to offer two-way connectivity between the US and Europe we knew that we would have to establish points of presence and set up our hubs with a data centre partner that could offer the highest levels of security, reliability and low level connectivity. Equinix was the obvious choice, and the combination of our technology running across the Equinix technical infrastructure means that our customers will be able to rely on the highest levels of performance."

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