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7ticks Ultra-Low Latency Network Bridges U.S. and Frankfurt Financial Markets with Expansion at Equinix
2009-01-08
Managed Service Provider Expands Reach of Global Financial Network
JANUARY 8, 2009 - CHICAGO and FOSTER CITY, CA (Business Wire)— 7ticks,
the leading provider of high performance trading network solutions, and Equinix,
Inc. (Nasdaq: EQIX), a provider of global data center services, announced today
that 7ticks has launched a direct, network-neutral connection within the Equinix
Frankfurt-North (FR2) International Business Exchange (IBX®) data center between
its U.S. based network and the Eurex proximity location in Frankfurt, Germany.
7ticks’ presence at the FR2 center facilitates ultra-low latency services
between the Eurex and other international exchanges. Within the center, the
Frankfurt presence enhances 7ticks’ existing access to the Eurex VALUES API and
Enhanced Broadcast Solution. 7ticks also now offers the new Eurex Enhanced
Transaction Solution for lowest latency order routing.
“The expansion of 7ticks’ services to Equinix’s FR2 IBX center builds upon the
successful partnership that the two companies have in the U.S., where 7ticks is
deployed at Equinix’s Chicago centers,” said John Knuff, director of business
development for Equinix. "7ticks offers a variety of services that furthers our
goal of providing financial market participants at Equinix with access to the
best of breed managed services providers."
“During these times of extreme market volatility, traders need affordable, low
latency access solutions more than ever. Extending our network to Frankfurt,
Germany represents another important step in our global expansion plans,” said
Joe Bigane, Managing Director for 7ticks. “Our clients are already seeing huge
advantages in performance, reliability, and cost affordability.”
About 7ticks
7ticks is headquartered in Chicago, where the company pioneered managed
proximity co-location services for Chicago’s electronically traded products and
exchanges. The Frankfurt data center marks the first of several international
locations in 7ticks’ plans for global expansion, and compliments the company’s
existing U.S. proximity offerings. The 7ticks team provides electronic trading
infrastructure design, procurement, installation, and hosting services that are
enhanced by ongoing management, support, and monitoring solutions.
Proprietary trading groups, clearing firms, global investment banks, brokers,
market makers, hedge funds, and independent software vendors (ISV’s) choose
7ticks for industry leading network performance, reliability, monitoring
insight, and cost savings.
For more information on 7ticks, please visit
http://www.7ticks.com or call 312-896-0300.
About Equinix
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 41 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. We encourage you to check Equinix’s website regularly for
the most up-to-date information.
Press Contacts
Director of Marketing and Public Relations
Karen Bertoli
7ticks
(312) 399-7878
North America
David Fonkalsrud
K/F Communications, Inc
(415) 255-6506
Click here for more information
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