Tag: Equinix

Equinix

Refinitiv Migrates Matching to New Data Centre

Refinitiv has migrated its spot and forward matching to a new primary data centre, Equinix Slough LD4, with Equinix New Jersey NY4 as the secondary centre. The firm says the enhancements significantly improve market data feed and round trip latency for clients while subsequently reducing complexity and cost in connecting to Spot Matching. Furthermore, it adds, […]

Avelacom Adds Tokyo Connection

Avelacom has announced the launch of a new point of presence in Equinix’s Tokyo (TY3) International Business Exchange data centre, providing trading firms with faster and more reliable connectivity between TY3 and Equinix’s London (LD4/5) data centre facilities. The new London – Tokyo route delivers the lowest latency in the market – 145.3 milliseconds (round-trip), the firm claims.
The new connectivity is designed to serve the needs of financial services firms, enabling them to access market data and send orders at the highest possible speed and improve overall trading performance.

Pragma Completes Migration to NY5

Pragma has completed the upgrade and migration of its New York trading and connectivity infrastructure to Equinix’s NY5 data centre.

The data centre move concludes what Pragma says has been a multi-million-dollar upgrade of its technology infrastructure. Over the last year, it has migrated to a new server and network equipment in a bid to provide its algorithmic trading clients with greater performance, capacity and operational resiliency.

David Mechner, CEO, comments: “Pragma provides enterprise outsourced algorithmic trading solutions to banks, brokers and asset managers. Trading institutions operate in a cost-conscious environment, yet competitive forces require them to continually invest in hardware, as well as software and algorithms.

GTX to Launch London and Tokyo Matching Engines

GTX plans to launch new a matching engine for its flagship ECN in London October 15, 2016, with a Tokyo-based matching engine to follow within 90 days.

The new matching engines, along with GTX’s existing matching engine in New Jersey, will be accessible by clients connected to any of the three locations. The clients can then choose whether to interact only with local liquidity or to access the global order book.

“This move has been driven by client demand, we had a lot of clients – particularly the more latency-sensitive clients – reach out and say that it would be more efficient for them to access liquidity locally.

LMAX Exchange Live at NY4

LMAX Exchange is expanding its infrastructure by launching a North American matching engine in the Equinix International Business Exchange data centre in New York (NY4).
The matching engine is a new liquidity pool for institutional spot FX trading, which the firm says is built specifically for funds, asset managers, brokerages and banks.
The new exchange enables North American clients to trade on, no ‘last look’ limit order liquidity. LMAX says US clients will further benefit from low latency execution, high fill rates, price improvement as standard and access to real time streaming market data.

Thomson Reuters Launches Managed Services in NY4

Thomson Reuters has launched Elektron Managed Services in the Equinix NY4 data centre in Secaucus, New Jersey.

The concept behind this move is that financial institutions will be able to free up resources to focus more on their core activities by outsourcing the management and support of Thomson Reuters Enterprise Platform (TREP) and Elektron Real-Time from customer managed to Thomson Reuters managed services, in addition to the procuring market data infrastructure, networking, space and power.
“Access to reliable, time sensitive financial information is crucial to market participants who are automating and outsourcing wherever possible to improve performance and reduce costs,” says Paras Sidapara, global head of managed services at Thomson Reuters.