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Jul 13, 2011
BATS Europe’s relocation to Equinix will further strengthen the rich financial ecosystem at LD4, attracting new trading participants and complementing the existing equities, foreign exchange and fixed income trading venues already housed in the data center. The presence of this significant trading venue will also increase market opportunities for more than 250 financial services customers interconnected across the rich European financial trading communities within Zurich, Frankfurt and London.
As one of Europe’s largest pan-European trading platforms, BATS Europe caters to the needs of the broker-dealer and trading community. Currently, a dedicated ultra-fast link between the current BATS Europe site and Equinix LD4 IBX is being installed. To ensure a smooth transition and minimize risk and disruption, extensive network and operational testing will be conducted before going live.
“As a recognized leader in financial IT infrastructure, Equinix provides the type of high quality hosting foundation that we require as we continue to grow our market share and operate in the top global financial markets,” said Paul O’Donnell, chief operating officer, BATS Europe. “We’re confident that our trading platform, housed in Equinix’s world-class facility, will deliver a compelling and attractive offering to our existing and potential customers.”
“Equinix is delighted to welcome BATS Europe to Platform Equinix and our LD4 facility, delivering innovative electronic trading services to the Equinix financial ecosystem,” said Russell Poole, general manager, Equinix UK. “This announcement reflects Equinix’s ongoing commitment to meeting the growing demands of the trading community. Through high performance standards, consistency of service and the ability to attract key participants, Equinix continues to cement its position as the destination of choice for the financial services sector. Equinix looks forward to working closely with BATS Europe over the coming months to ensure a smooth switch over, and to developing our relationship in the future.”
About BATS
BATS Global Markets (BATS) is a leading operator of stock and options markets around the globe. BATS operates two stock exchanges in the U.S., the BATS BZX Exchange and BYX Exchange; BATS Options, a U.S. equity options market; and BATS Europe, an FSA-authorised multilateral trading facility in Europe. Each of these marketplaces is powered by BATS’ innovative and proprietary technology that was developed by a dedicated core team of market and technology professionals, catering to the needs of the broker-dealer and trading community. The company is headquartered in the Kansas City, Mo., area with additional offices in New York and London. For more information, visit www.batstrading.com.
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. These customers locate servers and infrastructure within Equinix data centers to support mission critical financial services applications with highly reliable, low-latency connectivity. Learn more at:http://www.equinix.com/industries/financial-exchange/
About Equinix
Equinix, Inc. (Nasdaq: EQIX) connects businesses with partners and customers around the world through a global platform of high performance data centers, containing dynamic ecosystems and the broadest choice of networks. More than 3,350 enterprises, cloud, digital content and financial companies connect to more than 650 network service providers and rely on Platform Equinix to grow their business, improve application performance and protect their vital digital assets. Equinix operates in 38 strategic markets across the Americas, EMEA and Asia-Pacific and continually invests in expanding its platform to power customer growth. http://www.equinix.com
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.