Colocation and network service providers continue to benefit from demand from financial services companies, especially in the low latency trading realm. Here’s a roundup of some of the latest news announcements:
Over 450 use Equinix Global Services Delivery Platform. Equinix (EQIX) announced that its Financial Services business unit has added more than 100 customers over the last calendar year and now has more than 450 in total, with nearly 900 deployments. “By continuing to invest in new strategically-located facilities, and strengthening the breadth of our services and ecosystem, Equinix is committed to servicing the present and future needs of the financial community. The tremendous growth we’ve seen reflects the value we provide and the role our IBX data centers play in the global economy,” said Equinix CEO Stephen M. Smith. With a data center footprint that spans 35 strategic metropolitan areas around the world, Equinix financial services are available in the top 15 global financial markets where they offer colocation, network dense, low-latency connectivity services. Additionally Equinix announced that global low latency network provider CFN Services is now connected to Equinix’s International Business Exchange (IBX) data centers in Chiago, Frankfurt, London, New Jersey, New York, Philadelphia, Seattle and Toronto.
IPC Colocates With Telx at Two Sites: Telx, a leading interconnection and colocation provider in strategic North American markets, announced today that IPC, which provides trading communications solutions to the world’s top financial services firms and global enterprises, has selected Telx’s services in two key locations. Telx’s carrier-neutral 111 8th Avenue, New York and 100 Delawanna Ave., Clifton, New Jersey locations provide strategic interconnection and colocation services for IPC. IPC will leverage Telx’s industry-leading Financial Business Exchange (FBX), an ecosystem of financial exchanges, market data providers, order management vendors, independent software vendors and buy-side and sell side firms.
Savvis selected by Barclays Capital. Savvis (SVVS) announced that Barclays Capital’s dark liquidity crossing network, LX, is being hosted in Savvis’ NJ2 premier data center complex in Weehawken, New Jersey. With volume over 100 million shares per day the LX network aggregates unique liquidity from its global client base, market structure investments and internal trading desks. “Colocating our execution products in Savvis’ NJ2 data center complex is an important step in becoming a central point of liquidity for our clients,” said Bill bell, head of U.S. electronic trading distribution. Savvis also announced that it will webcast its NJ2X data center launch celebration beginning at 9am EST this morning (Wednesday, June 23rd).
Hibernia GFN selected by Deutsche Borse Systems. Hibernia announced that Deutsche Borse Systems has selected Hibernia’s secure Global Financial Network (GFN) for high performance, protected connectivity between Frankfurt and Chicago. Hibernia GFN was selected to serve Deutsche Borse Group’s large financial client base because it avoids highly congested network areas like New York and London waterways. Hibernia Atlantic’s GFN is a financial exchange connectivity division of Hibernia Atlantic, the trans-Atlantic, high bandwidth, connectivity provider with over 24,000 kilometers of network.
BLADE delivers fast multicast performance. BLADE Network Technologies announced at the SIFMA Financial Services Technology Expo that its RackSwitch 10 Gigabit Ethernet switch now delivers Multicast protocols at sub-700 nanosecond port-to-port latency for high-frequency trading, market data, video streaming and other applications that require one-to-many multicast data distribution over an IP infrastructure. “BLADE’s RackSwitch G8124 now supports IP PIM multicast capabilities, a key requirement for trading exchanges, co-location facilities and market data feeds seeking the lowest possible deterministic latency,” said David Iles, director of product management, BLADE Network Technologies.