Activ Financial to house ticker plant at Interxion data centre
08 September 2010 | 2385 views | 0
Interxion, a leading European provider of carrier-neutral colocation data centre services, today announced that ACTIV Financial, a leading global provider of fully managed low-latency market data solutions, is to house its ticker plant and aggregated market data feeds at Interxion's City of London data centre.
The colocation gives existing and new customers in Interxion's financial hub immediate access to ACTIV's complete suite of global market data solutions, including ACTIVFeed, ACTIVFeed Direct and ACTIV MPU, hardware accelerated market data systems. Market participants at Interxion can easily and cost-effectively cross-connect into the ticker plant and leverage ACTIV's low-latency global market data to feed their high performance trading operations.
Interxion's Financial Hub data centres are ideally located to provide some of the lowest possible latencies of any independent colocation provider to Europe's leading liquidity venues. They house an extensive community of exchanges, MTFs, sell-side and buy-side firms, market data vendors, clearing houses, and technology and connectivity vendors, allowing them to inter-connect at ultra-low latency and offering the flexibility to be able to quickly and efficiently change trading strategies when required.
"Legacy market data systems simply cannot offer the speed and flexibility traders require to keep pace with today's exploding data volumes and market volatility," said Frank Piasecki, president of ACTIV Financial. "Combining Interxion's prime City of London location and proximity to the markets with ACTIV's ultra low-latency market data solutions means we can offer customers fast, cost-effective access to global market data helping them maximize their trading operations."
Kevin Dean, CMO of Interxion added, "Market participants at Interxion benefit from the choice and flexibility provided by approximately 40 network providers at our facility, offering low latency connectivity options to the major liquidity venues. Combined with the availability of a wide range of value-added services offered by the financial community located in our data centres, Interxion has become the location of choice for many London-based market participants. We are delighted that ACTIV Financial has selected Interxion as the City of London hub for its ticker plant and aggregated market data feeds, allowing our customers to benefit from its best-in-class market data solutions."