February 11, 2011 – NYSE Technologies said it entered into a "strategic partnership" with a European provider of data centers, as part of its plan to roll out high-speed trading services to more customers.
NYSE Technologies, which has begun an initiative to create a variety of "liqudity hubs" in data centers around the world, said it entered into the partnership with Interxion Holding, which provides carrier-neutral data center space for trading firms that want to co-locate their servers in the same facility as the matching engines of exchanges.
NYSE Technologies already uses Interxion to house several network access points for its pan-European and Asian trading network, the Secure Financial Transaction Infrastructure.
“Interxion have moved from being a trusted vendor to a strategic partner and we are delighted to use their data centre in the City of London to roll out a range of reliable, cost effective and low-latency trading, data and connectivity applications to a wider range of customers,'' Stanley Young, CEO of NYSE Technologies, said.
The data center, Young said, is well-suited and located to "achieve low latency access to a number of other venues and is the closest SFTI access center to our new European Liquidity Center in Basildon."
NYSE Euronext spent about $1 billion in the past two years to build large trading venue data centers in Basildon and Mahwah, N.J. Now, it plans to add small "hubs" of much smaller size in as many as 40 markets around the world, to connect through SFTI and create a global network of liquidity.
This story originally appeared on Securities Technology Monitor.
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