June 8, 2010
Australian Securities Exchange Launches New Hosting Solution, Offering US-based Clients Direct Access to its Futures Market via Equinix
CHICAGO, IL and FOSTER CITY, CA — June 8, 2010 — The Australian Securities Exchange (ASX), operator of the Australian futures market, and Equinix, Inc. (Nasdaq: EQIX), a global leader of data center services, today announced that ASX has deployed its new hosting solution within the Equinix Chicago (CH1) International Business Exchange™ (IBX®) data center. This allows ASX to provide its US-based clients direct access to the Sydney Futures Exchange (SFE), a wholly-owned ASX subsidiary, and its suite of liquid and transparent products.
The ASX Hosting Solution will achieve the fastest, most direct and cost-effective access possible to the SFE SYCOM® trading engine from the US, via the ASX point of presence and its international network, all architected through Equinix, Inc. It will be of interest to SFE Market Participants and their clients who wish to optimize the performance of their transactions by directly connecting within the Equinix CH1 IBX data center.
David Raper, ASX's General Manager, Trade Execution and Information Services, said: “The new ASX Hosting Solution offers a service that better meets our clients' needs for highly reliable connectivity. It allows a technical connection to the SFE market through a cross connect from the client's rack in the Equinix facility to the ASX Hosting Solution. We are pleased to be working with Equinix given their strong reputation in the financial services industry.”
“With Equinix, ASX can create a marketplace of partners and end users that will greatly benefit from the launch of the new ASX Hosting Solution,” said John Knuff, general manager of Financial Services at Equinix. “Both organizations are complementary in terms of market offering and business requirements. While Equinix offers ASX a solid base of critical vendors and potential end-users, ASX will in turn attract new participants to locate within Equinix IBX data centers, worldwide.”
Features of the ASX Hosting Solution include:
- reduction in the cost of access
- reduction in the time to market
- mproved operational efficiency
- access to the most liquid interest rate futures market in the Asia-Pacific time zone.
As one of the world's top-10 listed exchange groups, measured by its market capitalization, the ASX Group was created through the merger of the Australian Stock Exchange and the Sydney Futures Exchange. The ASX Group operates under the brand Australian Securities Exchange and spans the markets for corporate control, capital formation and price discovery, and functions as an operator, supervisor, central counterparty clearer and payments system facilitator. The diverse domestic and international customer base of the Australian Securities Exchange includes issuers of a variety of listed securities, corporates, investment banks, trading banks, fund managers, hedge funds, commodity trading advisers and proprietary and retail traders.
With 24 hour a day trading capability, SFE provides its customers with constant connectivity to the SYCOM®Trading Platform. More information on ASX can be found at: www.asx.com.au
About Equinix in the Global Financial Markets
Equinix provides a neutral meeting place for the world's leading financial market participants including trading 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. provides global data center services that ensure the vitality of the information-driven world. Global enterprises, content and financial companies, and more than 575 network service providers rely upon Equinix's insight and expertise to protect and connect their most valued information assets. Equinix operates 87 data centers across 35 metro regions 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.