Connectivity Providers Pile into Equinix LD4 to Offer Access to CBOE Futures Exchange


The Chicago Board Options Exchange (CBOE) is opening the CBOE Futures Exchange (CFE) to European trading markets through exchange hosting and low-latency connectivity solutions at the Equinix LD4 co-location data centre situated to the west of London.

via Pocket http://low-latency.com/blog/connectivity-providers-pile-equinix-ld4-offer-access-cboe-futures-exchange June 29, 2013 at 02:04PM

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FastMatch Launches Matching Engine in Equinix LD4 Data Center in London


FastMatch Launches Matching Engine in Equinix LD4 Data Center in London

http://low-latency.com/article/fastmatch-launches-matching-engine-equinix-ld4-data-center-london/?utm_source=weekly&utm_medium=email&utm_campaign=ll_13-06-20

Equinix, the global interconnection and data center company, together with FastMatch, an Electronic Communication Network (ECN) for foreign exchange trading, today announced the launch of a new ECN matching engine in Equinix’s London Slough International Business Exchange (IBX) data center campus.

FastMatch currently operates its FX Spot and metals ECN matching engine from the Equinix NY4 data center in New York. The additional matching engine in London will offer FastMatch clients in the European region access to real-time transparent quotes and trade information, as well as complete redundancy to the platform.

As trading markets become more interrelated, investors are seeking local access to a wider range of asset classes and instruments in order to effectively manage risk in an increasingly complex and competitive environment. By deploying among the growing financial ecosystem inside Equinix, FastMatch makes its systems directly accessible alongside a wide range of other venues, data providers and financial institutions, allowing investors greater choice and flexibility.

FastMatch clients can trade across an array of unique liquidity sub-pools each governed by its own distinct rules of trading. FastMatch also enables institutional clients to easily transact large sizes with minimum market impact by using order types like hidden pegged to midpoint, reserve and minimum quantity.

The FastMatch ECN is based on technology that underpins the world’s largest equities crossing system, the Credit Suisse Crossfinder matching engine, which has been re-tooled and tailored to meet the needs of global foreign exchange markets.

FastMatch launched in the summer of 2012 and is a joint venture of FXCM, Inc. and Credit Suisse Group AG, later adding Bank of New York Mellon as a third backer in 2013. The company strives to offer its customers access to large pools of diversified liquidity at unparalleled speed with complete transparency in an optimal location.

Dmitri Galinov, CEO, FastMatch: “London is an FX trading capital of the world, yet traders in Europe currently have no access to real-time quotations or trades from any major FX ECN. The prices are either intentionally delayed or coming from the United States. We are excited to deliver real-time transparency to this previously underserved region.”

Stewart Orrell, managing director, Global Capital Markets, Equinix: “As the Equinix financial ecosystem continues to globalize, we’re seeing more trading venues deploy multiple storefronts in various cities to extend their ability to reach market participants around the world. With the launch of its matching service in the Slough campus, FastMatch is certainly on the right track to gain a competitive edge in today’s global marketplace.”

 

Moscow Exchange Launches Connectivity Point in Equinix’s London LD4 Data Center


Moscow Exchange Launches Connectivity Point in Equinix’s London LD4 Data Center

http://low-latency.com/article/moscow-exchange-launches-connectivity-point-equinixs-london-ld4-data-center

The new connectivity point, opening October 19, will provide customers with streamlined access to Moscow Exchange markets with optimized latency. The exchange has selected Equinix’s LD4 International Business Exchange (IBX) data center in Slough, UK for the roll-out of its Point of Presence to give proximity to the Moscow Exchange infrastructure.

Moscow Exchange Equinix LD4 Point of presence will provide:

  • Average expected round trip latency between Moscow Exchange location and connectivity point in London — 42 ms;
  • Location in Europe’s leading multi-asset Financial Services Data Center — Equinix London LD4;
  • Redundant connectivity through two independent telecom providers;
  • FIX order routing;
  • Multicast market data;
  • Access (through Moscow Exchange member brokers/banks) to all Moscow Exchange markets including Equities, FX and Derivatives.

“We are extremely pleased to extend the Moscow Exchange connectivity in Equinix’s London LD4 data center. It will offer our member firms and market data vendors new value add services and reduced costs enabling them to simplify their trading architecture, and will demonstrate our continued commitment to expand our trading access services using industry standard protocols,” said Vahan Vardanian, CIO of Moscow Exchange.

“Equinix is delighted to welcome the Moscow Exchange to our London LD4 data center and leading Financial Services trading ecosystem” said Russell Poole, general manager, Equinix UK. “Recent legislation and infrastructure change has increased investment in the Russian markets, creating open opportunity for investors, issuers and bankers. As an Equinix customer colocated or present with proximity services within our LD4 facility you can leverage the Moscow Exchange PoP to access the Russian market and interconnect with over 170 trading participants, market data vendors and technology service providers.

 

Proposed new Aquis Exchange will use Equinix’s London Slough data centre


Aquis Exchange, the proposed new pan-European equities stock exchange and trading technology vendor, has announced its intention to establish its primary data centre at the Equinix LD4 International Business Exchange (IBX) facility in Slough, just outside London.

via Pocket http://www.bobsguide.com//guide/news/2013/Jun/6/proposed-new-aquis-exchange-will-use-equinixs-london-slough-data-centre.html June 06, 2013 at 07:30PM

NYSE Technologies extends into Equinix IBX in Hong Kong & Tokyo


NYSE Technologies extends into Equinix IBX in Hong Kong & Tokyo

http://www.automatedtrader.net/news/at/142725/nyse-technologies-extends-into-equinix-ibx-in-hong-kong—tokyo

First Published 21st May 2013

NYSE Technologies now offers direct access to SFTI Access centres inside eight Equinix data centres

Singapore – NYSE Technologies, the commercial technology unit of NYSE Euronext, has extended its trading network into Equinix’s International Business Exchange data centres in Hong Kong and Tokyo.

The extension of NYSE Technologies’ Secure Financial Transaction Infrastructure (SFTI) will allow direct connection from Hong Kong and Tokyo to services offered by NYSE Technologies and access a range of financial markets, market data and post-trade services.

NYSE Technologies now offers direct access to SFTI Access centres inside eight Equinix data centres in seven key markets including New York, Chicago, Singapore, Frankfurt, London, Hong Kong and Tokyo.

Ian Jack, global head of infrastructure for the Secure Financial Transaction Infrastructure NYSE Technologies said: “We are very pleased to be extending the SFTI backbone into Equinix’s data centre in Hong Kong and providing direct metro access in Tokyo, both key financial hubs in Asia. Our SFTI Access centres in Equinix’s data centres in Hong Kong, Tokyo and Singapore allow customers to connect to regional and global exchanges and markets in a cost effective way through a single connection at each of their locations around the region.”

David Wilkinson, senior director, Financial Services, Equinix Asia-Pacific added: “With the deployment of NYSE Technologies’ SFTI Access centres in Hong Kong and connectivity in Tokyo our financial ecosystem becomes even stronger and more valuable for both new and current financial participants accessing financial markets. Our established ecosystem of financial participants also presents an immediate market opportunity to NYSE Technologies, further facilitating its penetration into Hong Kong and Tokyo.”

 

Turning Up the Volume on Wireless from Pete Harris Editor and Publisher, Low-Latency.com


Turning Up the Volume on Wireless

http://low-latency.com/blog/turning-volume-wireless/?utm_source=weekly&utm_medium=email&utm_campaign=ll_13-05-09

blog | May 8, 2013 – 2:15am | By Pete Harris

Judging by the views of a number of wireless network equipment manufacturers and service providers participating in last week’s Low-Latency Summit in New York City, demand from trading firms for low-latency wireless connectivity is strong despite the challenges of reliability, limited bandwidth and cost.

Speaking as part of the “Are You Tuning In to Wireless?” panel were: Jay Lawrence, CEO of wireless equipment manufacturer and network operator NeXXCom Wireless; Andrew Kusminsky, COO and CSO of Perseus Telecom, which operates both fibre and wireless networks; and Marty Snyder, president of wireless network integrator Communications Infrastructure Corp. Also on the panel was Mike Schonberg, director of market data technology at Quincy Data, which distributes low-latency market data via a wireless network provided by affiliate McKay Brothers.

[Listen to an audio recording of the panel here]

On the demand for wireless networks:

“A tremendous amount of demand … triple digit growth for our company,” – Marty Snyder, CIC.

“Early adopters are those that are very latency sensitive but every firm that is still somewhat latency sensitive will need to close the gap to keep up,” – Mike Schonberg, Quincy Data.

“Demand curve is shifting from those looking to build their own wireless networks to those looking to buy a drink on an incumbent network … these things are not cheap to build,” – Jay Lawrence, NeXXCom.

“We launched our [London to Frankfurt] service at the beginning of October 2012 and sold out by the end of the month. We just went live live with a second round of bandwidth and are nearly sold out,” – Andrew Kusminsky, Perseus.

On reliability:

“We’ve learned how to balance reliability with latency … such as trading firms turning back on forward error correction.” – Snyder. Many variables can be tuned in favour of either lower latency or better reliability.

“Intermittent packet loss is a big issue for market data delivery … packet loss [for wireless] happens but not terribly frequently … a lot of packet loss is weather related … it’s on or off,” – Schonberg.

On rain impact specifically … “Millimetre wave is highly affected by rain … depends on tower spacing … four inches of rain for towers a mile apart. Microwave is better … would take six inches of rain an hour at 10 miles between towers to impact it … and at that point you’re better off getting a boat and two of each kind of animal and getting out of dodge,” – Lawrence, NeXXCom.

On bandwidth and costs:

“As bandwidth increases, cost per bit will come down,” – Lawrence.

“Cost per megabit of wireless vs fibre is substantially higher” – Kusminsky. But cost will come down as bandwidth increases. It’s also usually cheaper to build a wireless network compared to a fibre network.  There is just less bandwidth.

In other wireless related news:

* Quincy Data is providing select data from the Chicago Mercantile Exchange delivered via wireless to Nasdaq OMX’s Careret, NJ co-lo data centre in 4.16 milliseconds, with plans to lower that to 4.06 milliseconds by the summer.  It also is delivering CME data via fibre and wireless to Equinix’s LD4 data centre near London in 36.40 milliseconds.

* Colt Technology Services went live on March 27 with its microwave service – provided by Custom Connect MW – connecting NYSE Euronext’s Basildon, UK data centre, where NYSE’s cash and Liffe derivatives markets are located, with Equinix’s Frankfurt data centre, which houses the Deutsche Boerse and Eurex exchanges.

* NYSE Euronext is looking to roll out its own wireless service within the London metro area, and between Basildon and Frankfurt, leveraging both microwave and millimetre wave technology.

* Strike Technologies is providing wireless network technology to Nasdaq OMX to link it with the CME to deliver market data between the two exchanges.  A one-way latency of 4.25 milliseconds is being quoted.

* TLV Networks has launched a microwave network connecting the CME’s Aurora, Il data centre with the 350 East Cermak data centre in Chicago, where many trading firms continue to operate from because it is less expensive than Aurora, or to optimise multi-market trading strategies, such as CME/IntercontinentalExchange. McKay Brothers also introduced its service on that route, with a roundtrip latency of 370 microseconds.

* Hudson Fiber Networks will offer custom wireless networks to customers in the New York and New Jersey metro area, tapping equipment from ULL Networks.

* 325 Hudson has introduced a managed wireless meet me room at it’s new data centre in New York City.

HKMEx Joins BT Radianz Cloud Community


BT today announced that the Hong Kong Mercantile Exchange (HKMEx) has joined the BT Radianz Cloud community.

via Pocket http://www.bobsguide.com//guide/news/2013/May/7/hkmex-joins-bt-radianz-cloud-community.html May 07, 2013 at 07:02PM

BrightRoll and Equinix Introduce Video Advertising’s Fastest Real-time Bidding Solution


http://blog.equinix.com/2013/04/brightroll-and-equinix-introduce-video-advertisings-fastest-real-time-bidding-solution/

Equinix and BrightRoll, the largest independent video advertising platform, today announced they are bringing to market VideoRTB+, an ultra-low latency video advertising real-time bidding (RTB) solution, which is only available inside Equinix data centers.

VideoRTB+ will offer the fastest real-time bidding in the video advertising marketplace. Low latency is critical in programmatic video ad buying, where advertisers and their third-party buyers must exchange and analyze ad information with the RTB exchange and third-party marketing data providers in order to finalize bids within a 100 millisecond bid window.

This process determines which video advertisement plays for a web audience member prior to their requested video or webpage. The VideoRTB+ solution increases the ability of real-time bidders to successfully review, analyze and bid on video ad inventory, which translates into better performance for advertisers and increased revenue for companies in the video advertising ecosystem.

“BrightRoll is building the technology infrastructure to address the rapidly growing video ad economy, which includes a shift toward programmatic buying and RTB,” says Brightroll SVP of Engineering Christopher Amen-Kroeger. “Like the high-frequency financial trading markets, speed is an essential factor in successful programmatic buying. With the launch of VideoRTB+, we offer our customers the opportunity to boost their competitive edge with a direct connection to our platform inside Equinix data centers.”

DS EN ADIXEC 1F1 1 BrightRoll and Equinix Introduce Video Advertising’s Fastest Real time Bidding Solution

 

VideoRTB+ is available exclusively to buyers on BRX and is available only inside Equinix data centers. The initial BrightRoll deployment is available in Equinix’s Silicon Valley and Ashburn data centers, with plans for international expansion into Asia and Europe across Platform Equinix. Equinix and BrightRoll will work together to promote and build Equinix’s Ad-IX ecosystem, which connects ad exchanges with ad markets for efficient and timely delivery of digital advertising.

Equinix Cloud & Content General Manager Chris Sharp says, “The video advertising market is primed for dramatic growth in the coming years, and Equinix’s Ad-IX ecosystem helps the key players in real-time bidding industry locate their infrastructure in close proximity to achieve more effective bids on the right type of inventory. Together with BrightRoll, our goal is to optimize online ad transactions by centralizing this community in key data hubs around the world.”

Exchanges: AlgoSpan Service Coverage – ‘shortest path’ end-to-end trading infrastructure


Exchanges: AlgoSpan Service Coverage
 

 

The ‘shortest path’ end-to-end trading infrastructure and real-time market data services to major equity and derivative exchanges
AlgoSpan’s solutions are designed specifically to meet the demanding needs of the financial community, with a particular focus on providing infrastructure and market data for major equity and derivative exchanges.  AlgoSpan’s trading infrastructure (branded AlgoNet) underpins all customer solutions, including delivery of its multicast normalised and raw exchange data (branded AlgoData).

Exchange Coverage Map
Our service map shows which locations we can currently deliver industry leading latencies – we are continually expanding to new exchange locations
Click here to download our service map

London Fibre Footprint
AlgoSpan takes its ultra-low latency market access infrastructure directly to London’s trading community via its London fibre network
Click here to download our London Network map

Ultra Low Latency
Our ‘shortest path’ philosophy means we continually strive to deliver the lowest possible latencies across our Market Access Platform

London Exchange Locations

A-Location
B-Location
Exchanges
Latency*
Interxion, LON
London
Equinix, LD4
Slough
Chi-X Europe

BATS Europe
0.23 ms
Interxion, LON
London
LSE
London
London Stock Exchange
Borsa Italiana
0.01 ms
Interxion, LON
London
NYSE
ARCA, Euronext, Liffe
0.265 ms
European Exchange Locations

A-Location
B-Location
Exchanges
Latency*
Interxion, LON
London
NASDAQ OMX
Stockholm
NASDAQ OMX
11.045 ms
Interxion, LON
London
Equinix, FR2
Frankfurt
Xetra
Eurex
4.324 ms
Interxion, LON
London
Equinix, ZH4
Zurich
Six Swiss Exchange
6.88 ms
North American Exchange Locations

A-Location
B-Location
Exchanges
Latency*
Interxion, LON
London
Telx
New Jersey
NYSE ARCA
BATS US
33.1 ms

 

We have full control over our dedicated high-capacity network, taking the most direct fibre routes using the latest generation technology, with network management that eliminates any ‘invisible’ sources of latency. By combining our installed network with wholesale carrier links, as well as the ability to construct our own network to client locations, AlgoSpan has the unique capability to continually operate and control the best possible ‘shortest path’ infrastructure.

 

CME Group Selects Equinix for London-Based CME Globex Hub


REDWOOD CITY, Calif. and LONDON — April 11, 2013 — Equinix Inc.

via Pocket http://www.equinix.com/company/news-and-events/press-releases/cme-group-selects-equinix-for-london-based-cme-globex-hub/ April 11, 2013 at 10:22PM

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