Inside A Direct Edge Data Center

This video provides an overview of the data center for the electronic exchange Direct Edge housed at the Telx Business Financial Exchange (BFX) facility in Clifton, N.J.

Rich Miller

April 12, 2010

1 Min Read
Data Center Knowledge logo

The fast-growing electronic exchange Direct Edge is one of the anchor tenants in the Telx Financial Business Exchange facility in Clifton, N.J., about 10 miles from New York City. From there its servers can connect to key facilities in Manhattan and Weehawken, and have access to more than 400 networks in the New York metro region.

Last year Direct Edge consolidated its data centers in Clifton and at the Equinix NY4 data center in Secaucus. Chief technology officer Steve Bonanno said the company considered building its own data center to house the operation of Direct Edge and its ISE (International Securities Exchange), but eventually opted for colocation. "We felt this got us to the providers we need," said Bonanno. "We considered the time-to-market get those connections, the cost of owning all those connections, and the cost of power versus the cost of going to Telx and saying 'here are my requirements.'

"We are the third-largest US equities exchange," he added. "That’s our focus. Technology is the enabler of the business model. It’s not the business model. Telx specializes in facilities management and puts us a cross-connect away from our partners."

In this video, Telx Director of Sales Engineering Kevin Strasheim provides an overview of the features of the Direct Edge data center, as well as space that will provide expansion for Telx and its customers. This video runs about 6 minutes.

For more information, see our Low Latency Trading Channel. For more video, check out our DCK video archive and the Data Center Videos channel on YouTube.

Subscribe to the Data Center Knowledge Newsletter
Get analysis and expert insight on the latest in data center business and technology delivered to your inbox daily.

You May Also Like