Hosting News
Equinix NY Area Data Center to Host CBOE’s New All-Electronic “C2” Exchange
2009-06-29
Foster City, CA – June 29, 2009 – Equinix, Inc. (Nasdaq: EQIX), a
provider of global data center services, today announced that Chicago Board
Options Exchange (CBOE), the largest U.S. options exchange and creator of listed
options, plans to locate electronic trading operations for its all-electronic
exchange, currently known as “C2,” at the Equinix New York-4 (NY4) International
Business Exchange (IBX®) data center in Secaucus, NJ. SEC approval of C2 is
pending, and CBOE has not yet announced an official launch date for the new
exchange.
C2’s participation in Equinix Financial eXchange at the NY4 center will provide
the growing number of electronic trading firms in the center with direct
proximity to CBOE’s C2 options products. Equinix Financial eXchange serves
capital market participants such as exchanges, buy and sell side firms, market
data providers, technology utilities and network service providers. These
companies locate operations within Equinix data centers in order to implement a
high-performance, low latency connectivity infrastructure within a neutral
environment. In addition, the NY4 center can accommodate the latest power,
cooling and space demands of the new generation of IT equipment, allowing
financial companies to focus on their core competencies rather than on the
increasingly complex management of a high-performance data center
infrastructure.
“This move brings all the benefits of the operations CBOE currently has in the
Chicago area to the immediate proximity of the leading market participants in
the New York area, reducing the latency in an industry where milliseconds can
make a significant difference,” said Gerald O’Connell, executive vice president
and chief information officer for Chicago Board Options Exchange.
“The launch of CBOE’s new electronic trading platform within Equinix’s NY4 data
center will provide a significant benefit to the existing financial trading
companies and networks already operating within the center, and it will allow
new CBOE customers to place their trading infrastructure within our flexible and
high-performance data center environment,” said John Knuff, director of business
development for Equinix.
The NY4 center in Secaucus, NJ, at which C2 will be located, is Equinix’s
largest data center in the U.S. to date which, at full build out, will be
340,000 square feet – the size of five football fields. Power operations include
a high-performance backup system that provides uninterrupted power even in the
event of utility power disruption. Security features include interlocking
"mantrap" doors, multiple layers of biometric hand-geometry scanners controlling
access, as well as 24-hour security officers and hundreds of surveillance
cameras.
About Equinix Financial eXchange
Equinix IBX data centers support a global financial community of buy-side and
sell-side firms, hedge funds, execution venues, market data suppliers, network
providers and trading technology vendors, all interconnected inside a neutral,
open marketplace. Equinix has become the data center for the well-connected,
offering low-latency connectivity and colocation capabilities via facilities
around the world. Learn more at:
http://financial.equinix.com
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 42 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
North America
David Fonkalsrud
K/F Communications, Inc
(415) 255-6506
Click here for more information
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