FlexTrade Systems, a worldwide leader in multi-asset execution and order management systems, today announced that it is hosting its ColorPalette OMS at Equinix's New York (NY4) and Chicago (CH2) International Business Exchange (IBX) data centers.
"Equinix NY4 is an ideally situated financial center for customers of our ColorPalette OMS," said Vijay Kedia, president and CEO of FlexTrade. "The world class infrastructure Platform Equinix provides will not only enhance the customer experience, but also support ColorPalette's innovation and development by enabling us to quickly and efficiently connect to a wide range of firms inside Equinix's extensive financial services ecosystem."
FlexTrade also hosts both buy- and sell-side U.S.customers of its FlexTRADER EMS and FLEXOMS in the Equinix NY4 facility, including a number of options OMS and EMS firms from the Chicago CH2 location. These facilities allow FlexTrade's customers to benefit from minimal latency across a variety of trading strategies, and meets FlexTrade's requirements for access to a wide range of networks to deliver trade execution, market data and connectivity solutions for high frequency, cross-border and multi-asset class trading.
John Knuff, general manager, global financial services at Equinix, said: "Our global platform of high-performance facilities and extensive financial ecosystems enable firms to grow their businesses and expand into new markets. FlexTrade's commitment to providing customers access to the best possible trading products and services will be well supported by our NY4 and CH2 facilities."
Greg Ludvik, director, ColorPalette OMS, said, "FlexTrade has made a major investment in the infrastructure for ColorPalette. Boasting a complete hardware refresh that leverages leading edge equipment, the Equinix facilities provide ideal locations in terms of security and speed to market, as well as access to market data."