ISE and Direct Edge Announce Selection of Telx for Data Center Services
June 24 2009 - 3:00PM
Business Wire
The International Securities Exchange (ISE) and Direct Edge
today announced that they have jointly selected Telx to provide
disaster recovery data center services as part of a comprehensive
new data center strategy program. Working together, ISE and Direct
Edge will offer their member firms access to a robust and secure
data center capable of managing the complex technology environment
of ISE�s options exchange and Direct Edge�s two equity trading
platforms. Furthermore, this initiative leverages the facilities
management agreement between the two firms and provides additional
synergies from the unique partnership between ISE and Direct Edge.
Direct Edge is the fastest growing marketplace in the U.S. equities
space, having recently become the third largest stock market in the
country. ISE operates the world�s largest equity options
exchange.
�Telx offers a multitude of network and connectivity options
that will provide flexibility for both ISE�s and Direct Edge�s
member firms. With their exceptional customer service and
state-of-the art technology, we are confident that Telx�s
customer-oriented approach will meet the unique needs of our
customers,� said Daniel Friel, ISE�s Chief Information Officer.
�Telx understands our customers� need for low-latency
connectivity,� said Steve Bonanno, Chief Technology Officer at
Direct Edge. �The numerous connectivity choices Telx offers will
help expedite the customer migration to the disaster recovery data
center, which we want to have happen swiftly and smoothly.�
�Telx is extremely pleased that we were able to satisfy ISE and
Direct Edge�s substantial infrastructure and performance
requirements. ISE�s and Direct Edge�s selection of Telx validates
our focus and growth in the financial services vertical as well as
in proximity hosting in key markets such as the New York/New Jersey
metro region, Chicago, and San Francisco,"�said Eric Shepcaro,
Chief Executive Officer of Telx.
ISE will be building out the Telx site over the coming eighteen
months in order to ensure a smooth migration for member firms to
the new Global Trading System platform in late 2010. Direct Edge
plans to launch its Telx-based disaster recovery site in the second
quarter of 2010, with customer migration expected to begin early in
the first quarter of 2010.
ISE Background
The International Securities Exchange (ISE) operates the world�s
largest equity options exchange and offers options trading on over
2,000 underlying equity, ETF, index, and FX products. As the first
all-electronic options exchange in the U.S., ISE transformed the
options industry by creating efficient markets through innovative
market structure and technology. Regulated by the Securities and
Exchange Commission (SEC) and a member-owner of The Options
Clearing Corporation (OCC), ISE provides investors with a
transparent marketplace for price and liquidity discovery on
centrally cleared options products. ISE continues to expand its
marketplace through the ongoing development of enhanced trading
functionality, new products, and market data services. As a
complement to its options business, ISE has expanded its reach into
multiple asset classes through strategic investments in financial
marketplaces that foster technology innovation and market
efficiency. Through minority investments, ISE participates in the
securities lending and equities markets.
ISE is a wholly owned subsidiary of Eurex, a leading global
derivatives exchange. Eurex itself is jointly owned by Deutsche
B�rse AG (Ticker: DB1) and SIX Swiss Exchange AG. Together, Eurex
and ISE are the global market leader in individual equity and
equity index derivatives. For more information, visit
www.ise.com.
Direct Edge Background
Direct Edge is the third largest U.S. equities marketplace,
offering the next generation of displayed markets. With U.S. cash
equities volume routinely exceeding 2 billion shares per day,
Direct Edge uses multiple ECN and exchange platforms and unique
order types to match complementary forms of liquidity based on
sensitivity to transaction cost, fill rate, fill speed, and
contra-side sophistication, while maintaining high execution
quality and low latencies. Headquartered in Jersey City, N.J.,
Direct Edge is owned by a consortium that includes the
International Securities Exchange, Knight Capital Group, Inc.,
Citadel Derivatives Group, The Goldman Sachs Group, and J.P.
Morgan. More information about Direct Edge is available at
http://www.directedge.com.
About Telx
Telx is a world-class leader in providing interconnectivity
solutions through their network-neutral and network rich,
colocation facilities. With 15 facilities in North America, Telx
offers cost effective networking solutions for customers to
seamlessly access diverse global networks and exchange information
in a secure and reliable environment. More than 650 leading
telecommunications carriers, ISPs, content providers and
enterprises rely on Telx�s world-class team to support their
mission-critical global infrastructure needs and to create a global
connectivity marketplace to dramatically expand their business
growth opportunities. Telx is a privately held company
headquartered in New York City with facilities in New York,
Atlanta, Chicago, Dallas, Los Angeles, San Francisco, Santa Clara,
Miami, Phoenix, Charlotte, as well as Weehawken and Clifton, N.J.
For more information about Telx, visit www.telx.com.
Photos/Multimedia�Gallery Available:
http://www.businesswire.com/cgi-bin/mmg.cgi?eid=5993937&lang=en
Deutsche Boerse (TG:DB1)
Historical Stock Chart
From Oct 2024 to Nov 2024
Deutsche Boerse (TG:DB1)
Historical Stock Chart
From Nov 2023 to Nov 2024