Chi-X Australia, a wholly-owned subsidiary of alternative trading venue operator Chi-X Global, today announced that it has selected Access Networks & Communications (Access Networks) as its alternate data centre provider.
Chi-X Australia and Access Networks intend to offer participants access to the Chi-X Australia marketplace within the Global Switch Sydney facility.
Combined with experience supporting clients and service providers in the financial services and trading community, Access Networks delivers products and services designed to support low latency and multiple exchange venue access out of its data centre within Global Switch's Sydney facility.
"Our ability to offer market participants low latency connectivity solutions through Access Networks' secure and reliable facility is a key component to our growth strategy," said Peter Fowler, COO of Chi-X Australia. "Chi-X will leverage Access Networks and Global Switch Sydney as our alternate facility as we seek to replicate Chi-X's proven business model in the Australian market."
"The decision by Chi-X Australia to select Access Networks is a strong endorsement of our proven capability to be a provider of choice for major capital market infrastructure," said Glen Hastings, Director of Access Networks & Communications. "We look forward to working with Chi-X Australia during this exciting period of innovation and opening up of the Australian market to competition."
By leveraging Global Switch's Sydney facility, Chi-X Australia and Access Networks will offer participants connectivity to all of the major domestic and international carriers. Global Switch is one of the largest data centres in the Southern Hemisphere, with over 34 megawatts of onsite power generation capacity and operated to an enhanced Tier III standard for data centre resilience, security and overall service integrity.