Deutsche Börse Systems shifts trading engines to Equnix data centre
Deutsche Börse Systems, the IT division of Deutsche Börse Group, and Equinix, Inc., (Nasdaq: EQIX), a provider of global data center services, today announced the completion of a strategic data center services contract, which will both increase data center capacity and improve execution times for algorithmic traders located in Frankfurt.
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From 2011 onwards, Equinix's FR2 International Business Exchange™ (IBX®) data center, will serve as the new main data center for Deutsche Börse Group in Frankfurt, where electronic trading platforms will be deployed and acting as the central colocation site for customers of Eurex, the international derivatives exchange, and Xetra, the cash market within Deutsche Börse Group.
The Equinix FR2 IBX data center has been selected for its maximum security and resilience, its proven service performance, its ability to offer a variety of low latency network solutions and for its green IT features. The site, which is currently undergoing an €12 million expansion, also offers ample space for the growing colocation needs of Deutsche Börse Group customers. The data center is already home to an established and growing community of financial market participants, including buy and sell side firms, market data providers and specialist financial network providers. The addition of Deutsche Börse's trading engines to this community will strengthen its position as a leading financial markets data center in Europe.
This deal is the latest in a long line between the two companies. Equinix already successfully provides data center solutions to Deutsche Börse Group in Frankfurt, Chicago, New York and Paris.
"We are convinced that this strategic partnership with Equinix will provide maximum benefit to our global customer base, with the data center offering an attractive and strong financial hub for Deutsche Börse Group's data center operations," states Matthias Kluber, Executive Vice President and Head of Networks and Infrastructure at Deutsche Börse Systems. "This partnership has been developed to a level that ensures that it serves as a solid foundation for all companies and institutions that seek the fastest and most efficient access to continental Europe's financial markets."
"Deutsche Börse Group's decision to locate the matching engines for its key exchanges at our FR2 IBX data center is a tremendous vote of confidence for Equinix, illustrating our ability to support the mission-critical operations of the world's most demanding financial services firms," said Eric Schwartz, president of Equinix Europe. "The current expansion of our Frankfurt data center means Equinix is well positioned to support new customers connecting to the Eurex and Xetra exchanges, and we very much look forward to working closely with the Deutsche Börse Group to grow this community of market participants."