Equinix (Nasdaq: EQIX), a provider of global data centre services, has announced that Chi-X Europe Ltd, operator of the largest pan-European equity multilateral trading facility (MTF), has joined Equinix Financial eXchange located within the Equinix Frankfurt (FR2) International Business Exchange (IBX) data centre.
Chi-X Europe's new trading and market data Point of Presence in the Equinix FR2 data centre is dedicated to providing direct connectivity for its continental European trading participants, as well as for the growing number of financial trading companies operating on the Frankfurt-based Equinix Financial eXchange. Equinix, which already hosts Chi-X Europe's platform at its IBX data centre in Slough, London (LD4), is also providing a new business continuity solution for Chi-X Europe at Equinix's IBX centre in Park Royal, London (LD3).
Chi-X Europe has chosen to host its platform at the FR2 centre as part of its strategy to deliver high speed connectivity for its trading participants. By joining Equinix Financial Exchange, a neutral marketplace comprising a growing number of financial market participants, the established and active community of buy and sell side firms, market data providers and specialist network operators currently participating in the FR2 centre is able to connect over low latency links to Chi-X Europe. Equinix will also provide Chi-X Europe with ultra-secure, highly resilient co-location services to underpin service availability, as well as a scalable environment for Chi-X Europe's continental trading participants to directly connect to the platform.
Florian Miciu, Head of Technology at Chi-X Europe, said, "Chi-X Europe is committed to providing faster and more efficient services for our trading participants. Having worked with Equinix at its IBX data centre in Slough, we have a proven relationship which we believe will deliver ultra-secure, high speed and highly resilient hosting."
Building on its relationship with Equinix, Chi-X Europe will also launch a business continuity deployment at Equinix's LD3 IBX data centre, providing a resilient base to ensure business continuity for its operations. The deployment at LD3 is Chi-X Europe's third installation at Equinix.
"We're delighted that Chi-X Europe has chosen to eextend its partnership with Equinix, selecting our Frankfurt data centre to host its first continental European Point of Presence," said Petrina Steele, Vice President, Business Development at Equinix in Europe. "All of our data centres are built to support optimum service availability, providing access to a wide range of low latency networks and enabling customers to directly link with key stakeholders. All these factors cut execution times and complement Chi-X Europe's strategy."