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Dow Jones Algorithmic and Electronic Trading Customers Can Gain Access to the Lowest-Latency, Highest Quality Information at Equinix Chicago Data Center
2008-11-11
Customers Gain Competitive Advantage with Market-Moving News Delivered in
Milliseconds
Chicago, IL ? November 11, 2008 ? Dow Jones & Company and Equinix, Inc. (Nasdaq:
EQIX), a provider of global data center services, today announced the
availability of Dow Jones?s algorithmic and trading products in Equinix?s
state-of-the-art, low-latency Chicago-1 International Business Exchange™ (IBX®)
data center.
Beginning December 1, 2008, Dow Jones Elementized News Feed customers can gain
increased speed and a competitive advantage with market-moving news delivered in
milliseconds. Operating within Equinix?s Chicago financial ecosystem will
drastically reduce latency by bringing customers within immediate proximity to
the data source.
The Chicago deployment joins other Dow Jones collocation offerings already
operational in the New York City area and in Washington, D.C., to provide
additional space, greater bandwidth and faster execution. The availability of
Dow Jones at the Equinix center, which has become a strategic proximity hub for
the financial trading community, will offer other capital market participants
operating within the center the opportunity to obtain direct, low-latency access
to Dow Jones Elementized News Feed services. It will also provide a scalable,
high-performance and low-latency platform for Dow Jones customers and prospects
to access the company?s services.
?Making our news feed available from Equinix?s Chicago center significantly
extends the Dow Jones footprint while giving our customers the highest available
speed and performance with key exchanges and sources of U.S. and international
data,? said Joe Lanza, vice president, managing director for algorithmic and
trading solutions at Dow Jones Enterprise Media Group. ?The faster our customers
can get the information they need and execute trades on it, the more likely they
can take advantage of market opportunities. By partnering with Equinix in
Chicago, we are giving our customers access to the same world-class, proven data
center and information infrastructure that powers the Chicago Mercantile
Exchange.?
?Speed is paramount in today?s financial markets,? said Steve Smith, president
and CEO of Equinix. ?By operating at Equinix, Dow Jones can provide its
customers with critical news and information services with the lowest possible
latency, providing them with a competitive advantage in developing their trading
strategies.?
The Dow Jones Elementized News Feed provides a fast and rich news data feed and
archives for automated trading and analysis. It delivers global economic
indicators, key Treasury and energy data and breaking corporate news in
precisely tagged elements in an ultra-low-latency feed, all designed for direct
integration into quantitative analysis models and electronic trading programs.
It places news items ? data, keywords, timestamps, symbols and other crucial
metadata ? into discretely and precisely tagged fields so they can be easily
parsed and directly embedded into trading programs and quantitative models,
reducing trading decision latencies to mere milliseconds. With more than 230
global economic indicators already elementized, Dow Jones continues to add
content to the feed.
For more information about Dow Jones Newswires, visit
www.dowjonesnewswires.com, or to
learn more about the Dow Jones Enterprise Media Group, visit
www.solutions.dowjones.com.
About Dow Jones
Dow Jones & Company (www.dowjones.com) is
a News Corporation company (NYSE: NWS, NWS.A; ASX: NWS, NWSLV; www.newscorp.com).
Dow Jones is a leading provider of global business news and information
services. Its Consumer Media Group publishes The Wall Street Journal, Barron's,
MarketWatch and the Far Eastern Economic Review. Its Enterprise Media Group
includes Dow Jones Newswires, Dow Jones Factiva, Dow Jones Client Solutions, Dow
Jones Indexes and Dow Jones Financial Information Services. Its Local Media
Group operates community-based information franchises. Dow Jones owns 50% of
SmartMoney and 33% of STOXX Ltd. and provides news content to radio stations in
the U.S.
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
Dow Jones Contact
Paul DelColle
Walek & Associates
(212) 590-0526
North America
David Fonkalsrud
K/F Communications, Inc
(415) 255-6506
Click here for more information
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