22 June 2009
Fixnetix Extends its Global Financial Network into Equinix New York And Chicago Area Data Centers
Foster City, CA — June 22, 2009 — Fixnetix, a leading provider of ultra-low latency market data, trading access and exchange hosting services, and Equinix, Inc. (Nasdaq: EQIX), a provider of global data center services, today announced that Fixnetix has expanded its operations to Equinix International Business Exchange� (IBX�) data centers in the New York and Chicago areas in order to offer the lowest latency U.S. data and market access for European firms looking to trade in the U.S. The move, which builds upon current Fixnetix deployments at Equinix centers in London and Frankfurt, will also provide U.S. based trading firms, prime brokers and hedge funds with direct, low-latency access to key European markets.
Within Equinix's New York and Chicago centers, Fixnetix will have a direct connection to Equinix Financial eXchange's established community of execution venues, buy and sell side firms and technology utilities, that have located at Equinix's high performance data centers to access the widest choice of low-latency networks and to directly exchange data with strategic partners and customers in close proximity. The high quality and advanced design of Equinix's centers offers financial customers a full range of scalable services, including colocation, interconnection, support and the highest levels of security.
Fixnetix's direct ultra low latency trading access and market data feed solutions have been designed to be fast, reliable and flexible, and feature best of breed feed handler technology, unparalleled high bandwidth provision and full redundancy throughout the entire delivery mechanism. Fixnetix feeds integrate easily into an organization's existing architecture or can be used in a dedicated environment such as the Equinix Financial eXchange to deliver ultimate end-to-end performance. Whether co-located using Fixnetix's @Source hosting or connecting via the company's Ethernet and Fibre networks, Fixnetix always ensures the fastest end-to-end performance for trading infrastructures.
“Fixnetix is well known for offering the highest levels of performance for its end-to-end, ultra-low latency market and data services,” said John Knuff, director of business development for Equinix. “We are delighted that when they decided to expand their operations in North America, they chose Equinix's financial hubs in the New York and Chicago areas as their primary U.S. points of presence. The large community of financial trading firms in our New York and Chicago area centers will now have access to Fixnetix's low-latency market data and trading infrastructure, offering minimal latency to all major trading venues in Europe.”
“With this expansion into the North American market we're looking to capitalise on the growing demand from firms with trading strategies that require access to related - but separate - international markets,” added Fixnetix's Chief Executive Officer, Hugh Hughes. “Our customers rely on our ultra-low latency market data feeds and trading connectivity to provide them with competitive advantage, so when we decided to offer two-way connectivity between the US and Europe we knew that we would have to establish points of presence and set up our hubs with a data center partner that could offer the highest levels of security, reliability and low level connectivity. Equinix was the obvious choice, and the combination of our technology running across the Equinix technical infrastructure means that our customers will be able to rely on the highest levels of performance.”
Fixnetix is the leading provider of low latency market data and trading infrastructure connectivity to financial institutions such as investment banks and hedge funds. Fixnetix solutions deliver proven end-to-end performance without any buffering or loss of data, ensuring minimal latency to all major trading venues in Europe and worldwide. Fixnetix delivers data in multiple formats, with sub-millisecond transformation if required, with services provided on the wire for reduced support costs, delivery times and ease of integration.
Whether co-located as close as possible to any exchange or MTF using Fixnetix's @Source hosting, or connecting via the company's Ethernet and fibre network, financial institutions can leverage Fixnetix's high bandwidth connectivity without routing or hops for lowest latency direct access. For more information about Fixnetix, please visit www.fixnetix.com
About Equinix Financial eXchange:
Equinix provides a neutral marketplace consisting of financial markets participants including execution venues, buy and sell side firms, market data providers, technology providers and financial networks; that locate servers and infrastructure within Equinix data centers in order to support highly reliable, low latency connectivity for a broad range of market participants. Learn more at: http://financial.equinix.com
Equinix, Inc. (Nasdaq: EQIX) provides global data center services that ensure the vitality of the information-driven world. Global enterprises, content and financial companies, and network service providers rely upon Equinix's insight and expertise to protect and connect their most valued information assets. Equinix operates 42 International Business Exchange™ (IBX®) data centers across 18 markets in North America, Europe and Asia-Pacific.
Important information about Equinix is routinely posted on the investor relations page of its website located at www.equinix.com/investors. We encourage you to check Equinix's website regularly for the most up-to-date information.
Forward Looking Statements
This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from expectations discussed in such forward-looking statements. Factors that might cause such differences include, but are not limited to, the challenges of acquiring, operating and constructing IBX centers and developing, deploying and delivering Equinix services; unanticipated costs or difficulties relating to the integration of companies we have acquired or will acquire into Equinix; a failure to receive significant revenue from customers in recently built out or acquired data centers; failure to complete any financing arrangements contemplated from time to time; competition from existing and new competitors; the ability to generate sufficient cash flow or otherwise obtain funds to repay new or outstanding indebtedness; the loss or decline in business from our key customers; and other risks described from time to time in Equinix's filings with the Securities and Exchange Commission. In particular, see Equinix's recent quarterly and annual reports filed with the Securities and Exchange Commission, copies of which are available upon request from Equinix. Equinix does not assume any obligation to update the forward-looking information contained in this press release.
Equinix and IBX are registered trademarks of Equinix, Inc. International Business Exchange is a trademark of Equinix, Inc.