Global gains in financial services market

BME, FXCM, SmartTrade Technologies, Triana and Chi-X, add asset and service diversity to financial services ecosystem, cite ease of multi-region deployment for choosing Equinix data centres.

  • Wednesday, 10th December 2014 Posted 9 years ago in by Phil Alsop

Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data centre company, today announced that multiple new customers have joined its financial services ecosystem, bolstering an already diverse customer base inside Platform Equinix™ that spans multiple geographies, asset classes and financial markets. Ranging from startups to established options, futures and currency exchange firms, each has chosen to colocate with Equinix due to its turnkey access to multiple financial markets and ability to support the IT workloads, interconnectivity demands and regulatory requirements unique to financial services.


Across the globe, Equinix’s diverse financial services ecosystem helps its multi-asset customer base efficiently enter key markets with operational ease. Its global footprint of more than 100 international data centres provides the advanced infrastructure needed to ensure regulatory compliance across regions and asset classes. In addition, Platform Equinix provides companies with access to complex event processing engines, helping them discover market opportunities and make smarter trading decisions.

The breadth of business opportunities and operational advantages Equinix offers has successfully attracted a variety of global financial firms:
o BME, Bolsas y Mercados Españoles (BME) is the operator of all stock Markets and financial systems in Spain. BME has been a listed company since 14 July 2006 and an IBEX 35® constituent since July 2007. In the last few years it has become a reference in the sector in terms of solvency, efficiency and profitability. BME has recently opened a new point of Presence (PoP) in Equinix London IBX LD4 to allow investments firms access to the Spanish operator.
o FXCM Inc. (NYSE: FXCM), a leading online provider of foreign exchange (FX), trading and related services worldwide, has been a customer of Equinix in North America, Europe and Asia since 2011. FXCM became a licensed provider for FastMatch, a matching system for foreign exchange trading in 2012 who also leverages Equinix data centres in New York (NY4), London (LD4) and in 2013 added an additional matching engine in Tokyo (TY3), to reduce latency for the Asia-pacific client base.
o SmartTrade Technologies, a leading global liquidity management solution company, has deployed its liquidity management system and LiquidityFX™ platforms in three Equinix International Business Exchange™ (IBX®) data centres in New York, London and Tokyo for 24/7 availability and access to liquidity providers and carriers. Liquidity Management System (LMS) is a platform currently used by tier 1 banks and institutions, and both LiquidityFX and LMS connect brokers, hedge funds and other financial institutions with more than 35 tier 1 and tier 2 banks and electronic communications networks (ECNs) within SmartTrade’s private cloud.
o Triana offers a range of post-trade and risk-management services used across asset classes – equities, equity derivatives, fixed-income futures, exchange-traded derivatives and others – and trade contexts, from OTC to global exchanges. It has been a customer of Equinix for one year and has a point of presence (POP) in New York (NY4) where many of its customers are also colocated. Based on its experience in NY4 thus far, Traiana is considering POPs in Europe, Asia and South America as demand increases for its services, particularly as it is currently operates the only limit hub in the OTC derivatives market addressing Dodd-Frank legislation on trade certainty.
o Chi-X Australia, a wholly-owned subsidiary of market operator Chi-X Global LLC, delivers a low latency, high performance, stable and resilient trading system that supports the Australian equities market. Chi-X recently renewed its agreement with Equinix as its primary data centre which offers participants superior proximity hosting and network connectivity.
In addition, Equinix provides colocation for several platforms such as BIDS, Liquidnet and IEX that facilitate Institutional or block-order flow. There is a mutual benefit to the platforms and their participants by having a financial services ecosystem in a neutral colocation facility such as Equinix.

Equinix data centres provide colocation for over 800 financial services customers who include over 175 exchange and trading venue deployments around the globe. Today, 20 per cent of Equinix’s revenues come from the financial vertical.