Equinix (Nasdaq: EQIX), a provider of global data center services, yesterday announced that Nyse Technologies, the commercial technology unit of Nyse Euronext (NYX), will build and operate a SFTI Access Center at the Equinix NY5 data center in Secaucus, New Jersey.
The new access point will provide mutual customers within the facility direct connectivity to SFTI and access to a range of financial markets, market data and post-trade services.
Along with the deployment in NY5, NYSE Technologies now has SFTI Access Centers inside six Equinix data centers in key markets around the world, including New York (NY1 and NY5), Chicago, Singapore, Frankfurt, and London. The addition of NY5 as a SFTI access center will offer customers in the facility reduced connectivity costs, enhanced performance and simplified trading architecture.
"We are extremely pleased to be extending the SFTI backbone into Equinix's NY5 data center. Not only does it offer mutual customers value, enabling them to simplify their trading architecture, it also demonstrates our continued strategy to expand the SFTI community while ensuring customers have industry-leading access, performance and reliability," said Ian Jack, Head of US Infrastructure for NYSE Technologies. "Equinix facilities will support a diverse range of customer connectivity options".
The SFTI network is a robust network, providing over 1,300 financial market participants with a single point of connectivity to multiple exchanges, market centers and content service providers around the world. It was created in 2002 with the goal of enabling firms to reduce their time-to-market, improve their performance and resilience at a significantly lower cost.
The network is built to facilitate large quantities of electronic quotes, trades and market data traffic while ensuring reliable access to nearly all North American equities and derivatives markets and exchanges, including low latency access to NYSE Euronext Equities and Derivatives markets and a host of non-NYSE Euronext global execution venues. The new access center at Equinix NY5 will enable financial market participants to take advantage of the continually growing financial ecosystem of both Equinix and NYSE Technologies.
"NYSE's SFTI Access Center in NY5 is a significant addition to the Equinix financial ecosystem in the New York metro area and customers such as NYSE help to further build out the depth and diversity of its participants, which is critical to the health of the global electronic trading community," said John Knuff, general manager, Global Financial Services for Equinix. "One of the biggest advantages of the NYSE offering is the focus on customer access, making it easy to connect to their product and service offerings, including the U.S. Liquidity Center in Mahwah, from anywhere in the world."