| By Business Wire | Article Rating: |
|
| December 6, 2012 04:01 AM EST | Reads: |
388 |
Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced that LMAX Exchange, the first FSA regulated MTF for spot FX, has selected the Equinix London LD4/5 data center campus in Slough as its primary operational site. The move positions LMAX Exchange in the epicenter of institutional FX trading, further enhancing access to its award-winning trading technology, reinforcing superior execution capabilities.
Established to deliver the benefits of exchange execution, LMAX Exchange optimizes the FX trading strategies of buy and sell-side trading institutions by offering precise, consistent execution, transparent cost of trade and a level playing field for all market participants. As a result, clients benefit from superior low-latency trading with an average matching speed of 3ms in over 60 FX pairs.
“We moved to Equinix because they are well placed to provide us with more than just data center services,” said Andrew Phillips, head of systems, LMAX Exchange. “There is a significant amount of FX activity taking place on Platform Equinix, not just in Slough, but worldwide. Locating our matching engine in one of the key centers of this community puts LMAX Exchange at the client’s fingertips.”
There is a large and growing ecosystem of global traders and other financial services providers inside Equinix data centers. The Equinix LD4/5 campus houses nearly 200 trading participants, all of whom can connect directly to the LMAX Exchange. With over 50 low-latency network providers, the LD4/5 campus also provides transatlantic connectivity for ‘follow the sun’ FX trading, with a 65.7ms round-trip between LD4/5 and New York. Globally, Platform Equinix™ provides access to more than 700 financial customers spread across the world’s top 16 global financial markets, as well as the leading equity MTFs, multiple FI platforms, dark pools, commodities, and new derivative products.
“LMAX Exchange is a welcome addition to the Equinix financial ecosystem, extending the range of venues we host outside the traditional Equities markets,” said Dick Theunissen, CMO, Equinix EMEA. “Their pioneering approach to reengineering electronic investment models will bring major benefits to the trading community in our London LD4/5 campus and further afield.”
About LMAX Exchange
LMAX Exchange is the first FSA regulated MTF for spot FX. Established to deliver the benefits of exchange execution to the traditionally OTC traded market, LMAX Exchange is a fundamentally different proposition. LMAX Exchange delivers precise execution, transparent cost of trade and a level playing field for all market participants. Just as on exchange, the trade execution is order-driven against streamed, executable limit orders supplied by the General Members. Clients benefit from superior low latency trading with an average matching speed of 3ms in over 60 FX pairs. LMAX Exchange offers multiple connectivity options: Web, Direct APIs (.NET, Java), FIX 4.4 and leading MT4 bridge providers.
LMAX Exchange delivers clients the following benefits:
- Unparalleled execution quality
- Award-winning technology
- Pre and post trade transparency
- Strict price/time priority matching
- Trading anonymity
LMAX Exchange - The professional FX exchange*.
* LMAX Limited operates a multilateral trading facility. Authorised and regulated by the Financial Services Authority. FSA Registered no. 509778
About Equinix
Equinix, Inc. (Nasdaq: EQIX), connects more than 4,000 companies directly to their customers and partners inside the world’s most networked data centers. Today, businesses leverage the Equinix interconnection platform in 30 strategic markets across the Americas, EMEA and Asia-Pacific. www.equinix.com.
Forward Looking Statements
This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from expectations discussed in such forward-looking statements. Factors that might cause such differences include, but are not limited to, the challenges of acquiring, operating and constructing IBX centers and developing, deploying and delivering Equinix services; unanticipated costs or difficulties relating to the integration of companies we have acquired or will acquire into Equinix; a failure to receive significant revenue from customers in recently built out or acquired data centers; failure to complete any financing arrangements contemplated from time to time; competition from existing and new competitors; the ability to generate sufficient cash flow or otherwise obtain funds to repay new or outstanding indebtedness; the loss or decline in business from our key customers; and other risks described from time to time in Equinix’s filings with the Securities and Exchange Commission. In particular, see Equinix’s recent quarterly and annual reports filed with the Securities and Exchange Commission, copies of which are available upon request from Equinix. Equinix does not assume any obligation to update the forward-looking information contained in this press release.
Equinix and IBX are registered trademarks of Equinix, Inc. International Business Exchange is a trademark of Equinix, Inc.
Published December 6, 2012 Reads 388
Copyright © 2012 SYS-CON Media, Inc. — All Rights Reserved.
Syndicated stories and blog feeds, all rights reserved by the author.
More Stories By Business Wire
Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.
- Cloud People: A Who's Who of Cloud Computing
- New Relic Q1 2013 Blazes Past Growth Targets and Reaches 40,000 Active Customer Accounts
- Cloud Expo New York: Delivering Digital Marketing on the Cloud
- Cloudant to Exhibit at Cloud Expo & Big Data Expo New York
- Cloud Expo New York: Rethink IT and Reinvent Business with IBM SmartCloud
- The Accessibility of the Cloud
- Learn How To Use Google Apps Script
- Cloud Expo New York: Basics of SSD Technology and Its Use in Cloud
- Cloud Expo New York: Real-Time Analytics Using an In-Memory Data Grid
- Cloud Expo NY: Best Practices for Delivering Oracle Database as a Service
- Cloud Expo New York: The Big Challenge of Big Data & Hadoop Integration
- Measuring the Business Value of Cloud Computing
- Cloud People: A Who's Who of Cloud Computing
- Cloud Expo New York: Best CIO Practices Shared from SHI’s Customers
- Examining the True Cost of Big Data
- Cloud Expo New York: How to Use Google Apps Script
- Software Defined Networking – A Paradigm Shift
- New Relic Q1 2013 Blazes Past Growth Targets and Reaches 40,000 Active Customer Accounts
- Cloud Expo New York: Why Big Data Is Really About Small Data
- Cloud Expo New York: Delivering Digital Marketing on the Cloud
- Small Cancers, Big Data, and a Life Examined
- Cloud Expo New York: Requirements of a Cloud Database
- Cloud Expo NY: Calculating the True Value of Industry-Specific Clouds
- Cloudant to Exhibit at Cloud Expo & Big Data Expo New York
- A Cup of AJAX? Nay, Just Regular Java Please
- Java Developer's Journal Exclusive: 2006 "JDJ Editors' Choice" Awards
- JavaServer Faces (JSF) vs Struts
- The i-Technology Right Stuff
- Rich Internet Applications with Adobe Flex 2 and Java
- Java vs C++ "Shootout" Revisited
- Bean-Managed Persistence Using a Proxy List
- Reporting Made Easy with JasperReports and Hibernate
- Creating a Pet Store Application with JavaServer Faces, Spring, and Hibernate
- Why Do 'Cool Kids' Choose Ruby or PHP to Build Websites Instead of Java?
- What's New in Eclipse?
- Where Are RIA Technologies Headed in 2008?


























