TradeStation (Nasdaq:TRAD), the award-winning broker-dealer and futures commission merchant, today announced the opening of a new TradeStation data center within Equinix's New York facilities.
Through this proximity to the New York financial markets, the speed and quality of market data and order execution at those markets for TradeStation's customers are expected to improve. This new facility also expands TradeStation's capacity to support more customers and higher trading volumes. The new facility will replace the company's Richardson, Texas data center, and TradeStation will now have its two data centers in the NY and Chicago metropolitan areas. TradeStation's data centers, which connect directly to all major U.S. equities, options and futures exchanges and to all TradeStation customers' desktops, are designed, leased and operated by TradeStation Technologies, TradeStation's technology affiliate.
"This project is a part of TradeStation's commitment to provide our customers with even faster and higher quality market data and order execution, and supports our strategy of continued growth" said Enrique Pizzi, the Chief Information Officer of parent company TradeStation Group. "The opening of this data center is the culmination of more than a year of research, planning and design. It is the result of a great team effort, and should benefit both current and future TradeStation customers."
John Knuff, General Manager of Global Financial Services at Equinix, the host of the new data center said: "Traders are demanding faster executions and higher quality market data in this increasingly competitive trading environment. Adding TradeStation to our facility enables TradeStation to meet these requirements today and to scale for the future."