Fidessa Extends Trading Services to Canada on Platform Equinix
May 02 2011 - 8:00AM
Business Wire
Equinix, Inc. (Nasdaq:EQIX), a provider of global data center
services, today announced that Fidessa Canada corporation, part of
Fidessa group plc (LSE:FDSA) and provider of high-performance
trading, investment management and information solutions for the
world’s financial community, will host its Canadian trading
platform in Equinix’s Toronto TR1 International Business Exchange™
(IBX®) data center. Fidessa is already present in several Equinix
IBX data centers, including London and Singapore.
Fidessa is leveraging Platform Equinix to expand its global
footprint into Canada. Fidessa’s requirement in Canada involved
access to a wide range of networks to deliver trade execution,
market data and connectivity solutions for high frequency,
cross-border and multiple-asset class trading.
Martin Hakker, managing director at Fidessa Canada, said:
“Canada is experiencing many changes in the form of liquidity
fragmentation, new market regulations and product innovation. As
part of our global strategy, we sought a data center provider close
to the financial hub in Canada and one with access to a dense
network of service providers. Platform Equinix fit the bill with
its vast ecosystem of exchanges, market data providers and
financial institutions.”
Fidessa’s Canadian trading platform provides access to all of
the Canadian trading venues, including the Toronto Stock Exchange.
It offers execution services and market data for equities, equity
options, futures, derivatives and bonds. Customers can choose to
use the platform for trade execution, market data and connectivity
either separately or together.
John Knuff, general manager, global financial services at
Equinix, said: “Fidessa’s commitment to providing customers with
access to the best possible trading products and services will be
well supported by our data center in Toronto. Fidessa is leveraging
the benefits of Platform Equinix including its global footprint and
high density of networks in key financial markets.”
The partnership with Equinix represents Fidessa’s second
co-location deal in Toronto this year. On February 8, TMX Group and
Fidessa announced that Fidessa would host its trading solutions
onsite at TMX Group’s co-location facility. Fidessa, along with
other co-located clients, receives the benefits of direct
high-speed access to Toronto Stock Exchange, TSX Venture Exchange
and Montreal Exchange trading engines and market data feeds.
About Fidessa group
Exceptional trading, investment and information solutions for
the world’s financial community.
New technology, new regulation, new challenges: making money in
today’s financial markets is all about staying ahead of the curve.
Having the capability to spot new trends and act fast turns change
into opportunity. That’s why 85% of the world’s premier financial
institutions trust Fidessa to provide them with their multi-asset
trading and investment infrastructure, their market data and
analysis, and their decision making and workflow technology. It's
also why $10 trillion worth of transactions flow across our global
network each year. Because we’re the market leader, we can also
offer unique access to the world’s largest and most valuable
trading community of buy-side and sell-side professionals, from
global institutions and investment banks to boutique brokers and
niche hedge funds.
Fidessa is a global business with scale, resilience, ambition
and expertise. We’ve delivered around 30% compound growth since our
stock market listing in 1997 and we're recognised as the thought
leader in our space. We set the benchmark with our unrivalled set
of mission-critical products and services and, uniquely, serve both
the buy-side and sell-side communities. Ongoing investment in our
leading-edge, integrated solutions ensures Fidessa remains the
industry's number one choice.
fidessa.com
About Equinix in the Global Financial Markets
Equinix provides a neutral meeting place for the world’s leading
financial market participants including trading venues, buy
and sell side firms, market data providers, technology providers
and financial networks. These customers locate servers and
infrastructure within Equinix data centers to support mission
critical financial services applications with highly reliable,
low-latency connectivity. Learn more at:
http://www.equinix.com/industries/financial-exchange/.
About Equinix
Equinix, Inc. (Nasdaq: EQIX) connects businesses with partners
and customers around the world through a global platform of high
performance data centers, containing dynamic ecosystems and the
broadest choice of networks. More than 3,275 enterprises, cloud,
digital content and financial companies connect to more than 625
network service providers and rely on Platform Equinix to grow
their business, improve application performance and protect their
vital digital assets. Equinix operates in 35 strategic markets
across North America, Europe and Asia-Pacific and continually
invests in expanding its platform to power customer growth.
http://www.equinix.com
Forward Looking Statements
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 companies we have acquired or will acquire into
Equinix; a failure to receive significant revenue from customers in
recently built out or acquired 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; 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.
International Business Exchange is a trademark of Equinix, Inc.
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