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Equiduct Moves Matching Engines Into Interxion's City of London Data Center
Equiduct has moved its matching engines into its City of London data center to take advantage of Interxion's (News - Alert) leading connectivity and Financial Hub community. Interxion is a European provider of carrier-neutral colocation data center services.
Equiduct is a growing pan-European trading platform that is developed to make the benefits of best execution available to the European retail investment community. Due to introduction of the Markets in Financial Services Directive (MiFID) regulation in 2007, new trading venues have successfully competed to offer execution alternatives, and institutional investors have taken advantage of the benefits of competition. Orders of retail customers are still mainly traded on domestic exchanges despite better prices available on alternative trading venues
Equiduct offers a unique and liquid business model designed to help retail firms to provide executions at the best price available across Europe.
Explaining the decision to locate the data centers in Interxion, Peter Randall, CEO of Equiduct, said that in order to achieve the growth ambitions, the company needed a reliable and high quality data center partner and the company is attracted by the prospect of being able to interconnect with Interxion's financial services community. He continued that Interxion's pan-European footprint of data centers will allow the company to get even closer to pan-European retail community and will be well-positioned to support future business development plans.
Antony Foy, group managing director of Interxion, commented that while speed is not a primary concern for the retail investment community today, the company believes that over time their demands for low latency connectivity and colocation services is only likely to increase.
In other company news, TMCnet reported that INTERXION HOLDING NV has completed the second of three phased expansions to its ZUR1 data center in Zurich-Glattbrugg, in response to consistent growth in customer demand.
Mandira Srivastava is a TMCnet contributor. She works as a full-time writer, ghostwriter and blogger, and has more than two years of experience in print and Web media. She has also worked on company brochures, website content and product descriptions, as well as proofreading and editing content. To read more of her articles, please visit her columnist page.
Edited by Tammy Wolf
