Equinix Enhances Its Financial Exchange Platform with Connectivity to Chicago Mercantile Exchange
October 03 2006 - 9:00AM
Business Wire
Equinix, Inc. (Nasdaq:EQIX), the leading provider of
network-neutral data centers and Internet exchange services, today
announced a joint service agreement with the Chicago Mercantile
Exchange (www.CME.com), the world's largest and most diverse
financial exchange, offering direct fiber connectivity between
Equinix�s Chicago Internet Business Exchange� (IBX�) center and the
CME. The service is available immediately to customers of the
Equinix Financial eXchangeTM service in the Chicago IBX and CME
customers. The agreement further strengthens the position of
Equinix�s Chicago IBX center as a strategic hub for the
connectivity and IT operations of financial trading companies. With
critical requirements for the highest levels of security and
uptime, these companies can directly interconnect with an
aggregation of network service providers and other trading partners
within Equinix�s Chicago hub, eliminating the cost as well as the
performance degradation associated with linking to multiple
partners over great geographic distances, while enhancing
redundancy and reliability. The new connectivity platform with CME
will be offered to CME customers through Equinix Financial eXchange
(FX), a service designed to meet the specific needs of the
financial trading industry. FX offers a fast, reliable 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. The results are faster transaction processing, lower
costs, and enhanced trading capabilities. Some of the largest names
in the industry are participating in the service, including
optionsXpress, Rosenthal Collins Group LLC and TradeStation. About
Equinix Equinix is the leading global provider of network-neutral
data centers and Internet exchange services for enterprises,
content companies, systems integrators and network services
providers. Through the company�s Internet Business Exchange� (IBX�)
centers in 11 markets in the U.S. and Asia, customers can directly
interconnect with every major global network and ISP for their
critical peering, transit and traffic exchange requirements. These
interconnection points facilitate the highest performance and
growth of the Internet by serving as neutral and open marketplaces
for Internet infrastructure services, allowing customers to expand
their businesses while reducing costs. 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; a failure to receive
significant revenue from customers in recently-acquired data
centers; failure to complete any financing arrangements
contemplated from time to time; failure to receive the proceeds
from our loan commitments as expected; failure to increase the debt
financing on our Washington, D.C. area campus as expected;
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 regulatory review of
past stock option grants and practices or any litigation relating
to such 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. Equinix and IBX are
registered trademarks of Equinix, Inc. Internet Business Exchange
is a trademark of Equinix, Inc. Equinix, Inc. (Nasdaq:EQIX), the
leading provider of network-neutral data centers and Internet
exchange services, today announced a joint service agreement with
the Chicago Mercantile Exchange (www.CME.com), the world's largest
and most diverse financial exchange, offering direct fiber
connectivity between Equinix's Chicago Internet Business
Exchange(TM) (IBX(R)) center and the CME. The service is available
immediately to customers of the Equinix Financial eXchange(TM)
service in the Chicago IBX and CME customers. The agreement further
strengthens the position of Equinix's Chicago IBX center as a
strategic hub for the connectivity and IT operations of financial
trading companies. With critical requirements for the highest
levels of security and uptime, these companies can directly
interconnect with an aggregation of network service providers and
other trading partners within Equinix's Chicago hub, eliminating
the cost as well as the performance degradation associated with
linking to multiple partners over great geographic distances, while
enhancing redundancy and reliability. The new connectivity platform
with CME will be offered to CME customers through Equinix Financial
eXchange (FX), a service designed to meet the specific needs of the
financial trading industry. FX offers a fast, reliable 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. The results are faster transaction processing, lower
costs, and enhanced trading capabilities. Some of the largest names
in the industry are participating in the service, including
optionsXpress, Rosenthal Collins Group LLC and TradeStation. About
Equinix Equinix is the leading global provider of network-neutral
data centers and Internet exchange services for enterprises,
content companies, systems integrators and network services
providers. Through the company's Internet Business Exchange(TM)
(IBX(R)) centers in 11 markets in the U.S. and Asia, customers can
directly interconnect with every major global network and ISP for
their critical peering, transit and traffic exchange requirements.
These interconnection points facilitate the highest performance and
growth of the Internet by serving as neutral and open marketplaces
for Internet infrastructure services, allowing customers to expand
their businesses while reducing costs. 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; a failure to receive
significant revenue from customers in recently-acquired data
centers; failure to complete any financing arrangements
contemplated from time to time; failure to receive the proceeds
from our loan commitments as expected; failure to increase the debt
financing on our Washington, D.C. area campus as expected;
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 regulatory review of
past stock option grants and practices or any litigation relating
to such 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. Equinix and IBX are
registered trademarks of Equinix, Inc. Internet Business Exchange
is a trademark of Equinix, Inc.
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