Chi-X Australia taps Equinix for data centre

Source: Chi-X Global

Chi-X Australia, a wholly-owned subsidiary of alternative trading venue operator Chi-X Global, and Equinix (Nasdaq: EQIX), a provider of global data centre services, today announced that Chi-X Australia has selected Equinix's facility as the primary data centre for its matching engine.

The announcement comes as Chi-X Australia continues to work with industry groups and market participants in preparation for its fourth quarter launch, subject to final government approval.

With the selection of Equinix as its primary data centre, Chi-X Australia's participants will benefit from Equinix's existing carrier and financial network connectivity infrastructure, offering participants low latency proximity hosting options. In addition, with the opening of the new SY3 facility in mid 2011 to complement the existing SY1 and SY2 data centres, Equinix will be able to meet the demand of Australia's growing number of financial market participants.

"With the help of Equinix, Chi-X Australia will deliver the type of low latency, high performance, stable and resilient trading system that the Australian market demands," said Peter Fowler, COO of Chi-X Australia. "Equinix is a key component of Australia's financial services ecosystem and should complement our expansion plans in this market well. The selection of Equinix's facility as Chi-X Australia's primary data centre represents a critical milestone, as we can now begin working with market participants to address their proximity hosting requirements and network connectivity needs."

"The decision by Chi-X Australia to leverage our Equinix IBX facility as its primary data centre is a strong endorsement of our strategy to be the provider of choice for major capital market infrastructure and industry participants," said David Wilkinson, senior director, Business Development of Equinix in Asia-Pacific. "We look forward to working with Chi-X Australia during this exciting period of growth."

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