Equinix Inc. (Nasdaq: EQIX), the leading global provider of network-neutral datacentres and Internet exchange services, will showcase its network of global Equinix Financial eXchange communities -- which now include two new communities in London and Paris -- at the forthcoming TradeTech events taking place early this year.
Equinix Financial eXchange communities provide financial organisations with secure and low latency connectivity to global financial trading centres, as well as a highly resilient and convenient platform for community members to interconnect with each other and multiple service providers in order to execute financial transactions with the minimum of latency. In addition to proximity services that offer direct market access to major trading exchanges, Equinix Financial eXchange communities also provide organisations with the high levels of connectivity they need to access the growing number of multiple trading venues that firms need to connect with to be successful in today's post-Markets in Financial Instruments Directive environment.
Current participants in Equinix FX communities in Europe include Yipes, Nico Trading, Merrill Lynch, Fortis, Citi Bank, Chi-X and Fixnetix. These companies benefit from direct access cross-connects to a range of financial hub resources including traditional exchanges, alternative venues, other liquidity pools, market data vendors, trading platforms and clearing and settlement providers.
TradeTech 2008 is the 8th Institutional Trading & Technology Summit which will be held on the 22 - 25 April in Paris. It is the world's largest industry forum dedicated to high-level discussion on the major challenges facing the equity trading market, with a particular focus on the rapid development of trading technology. Equinix will present its own services, as well as support joint promotions with exhibiting partners, including Deutsche Boerse System, Chi-X and Fixnetix.
TradeTech Architecture 2008, which takes place in London on 4 - 6 March, is a new conference focused on the development and integration of advanced trading technologies. The event is aimed at organizations looking to optimize their trading architecture for reduced latency, enhanced computing performance and real-time data delivery solutions.
Michael Winterson, VP Sales and Marketing for Equinix in Europe, will address the Trade Tech Architecture conference with a speech on Achieving Best Practice In Co-Location: Is This Really Latency's Final Frontier?
"The difference between a trade success and failure is measured in microseconds. Financial institutions are faced with the dilemma of having to reduce latency throughout the trading process while accommodating ever larger databases and more sophisticated analytics," comments Michael.
Equinix Financial eXchange enables the development of neutral interactive financial communities, offering a highly resilient and convenient platform for banks, financial trading companies and financial exchanges to interconnect with each other and with multiple network service providers in order to execute financial transactions with a minimum of latency. Launched in 2006, the community now extends to more than 40 members including Yipes, Nico Trading, Merrill Lynch, Fortis and Citibank.
About Equinix - www.eu.equinix.com:
Equinix is the leading global provider of network-neutral data center and interconnection services, offering premium colocation, traffic exchange and outsourced IT infrastructure solutions. Global enterprises, content companies, systems integrators and network service providers look to Equinix Internet Business Exchange (IBX®) centers for world-class reliability and network diversity. Equinix IBX centers serve as critical, core hubs for IP networks and Internet operations worldwide. With 37 IBX centers located in 17 strategic markets across North America, Europe and Asia-Pacific, Equinix enables customers to reliably operate their mission-critical infrastructure on a global basis.
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 IXEurope into Equinix; a failure to receive significant revenue from customers in recently built out 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; the results of any litigation relating to past stock option grants and practices; 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.