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Press Release -- September 21st, 2010
Source: Telx Group
Tags: Colocation, Exchange, Low Latency

Liquiditybook Joins Telx Financial Business Exchange

Financial Services Technology Company Selects Colocation Services Within Telx’s 60 Hudson St. Data Center to Deliver Low-Latency FIX and Non-FIX Routing Information

New York, NY (September 21, 2010)Telx®, a leading interconnection and colocation provider in strategic North American markets, today announced that LiquidityBook, a financial technology communications provider serving both buy-side and sell-side brokerage firms, has joined its Financial Business Exchange (FBX) and colocated its FIX Service Bureau and messaging platform solution in Telx’s 60 Hudson St. New York data center facility. By joining the FBX, LiquidityBook’s FIX and non-FIX Routing, Direct Market Access and industry-unique instant-messaging system are now available to Telx’s financial markets customers. By selecting Telx’s colocation services at 60 Hudson St., LiquidityBook has strengthened the resiliency of its data infrastructure, ensuring that their customers have the highest-quality online trading experience.

LiquidityBook evaluated several leading data center providers, and ultimately selected Telx based on total cost of investment, the connection density of its facility, and overall security and reliability. “Telx is the only colocation partner we spoke with who was not only interested solving our challenges, but also in addressing the needs of our financial markets customers. Leveraging their colocation services at 60 Hudson St. enables us to expand our reach to financial markets customers who need fast, secure access to vital information to make accurate decisions on both the buy and sell sides of electronic trading,” said Steven Kerr Lindsay, VP of Development and Information Technology at LiquidityBook. “Telx has impressed us with their ability to offer a flexible, cost-effective blend of data center and interconnectivity services in one of Manhattan’s most strategic locations. By participating in the Telx FBX, we join hundreds of other financial services providers who can now offer customers a competitive advantage through low latency network connectivity and the best possible routing available on the market today.”

“Telx is pleased to welcome LiquidityBook to our Financial Business Exchange at our 60 Hudson St. location,” said Michael Cattell, VP of Financial Markets for Telx. “With the addition of LiquidityBook to our FBX ecosystem, Telx can offer our customers yet another low latency direct market access solution. This allows our financial markets customers to optimize the way they do business by giving them fast, cost-effective access to the venues they need.”

About LiquidityBook
Founded in 2005, LiquidityBook provides trading solutions for buy- and sell-side firms. LiquidityBook delivers fast, cost effective FIX order routing through its “instant-on” dynamic FIX service bureau. LiquidityBook offers a full, 360-degree solution for front and back office, including reporting, order management, compliance, clearing and customized trading tools. LiquidityBook also speeds up and simplifies trading by offering revolutionary tools such as an instant message EMS system, allowing traders to use customizable “traders’ language.” For more information, please visit http://LiquidityBook.com

About Telx
Telx is a leading provider of interconnection, colocation and business exchange services in strategic, high demand North American markets.  With 15 premier facilities, Telx increases speed to market and reduces connectivity costs by providing direct connections to the industry’s highest performance networks and access to more than 800 leading telecommunications carriers, ISPs, content providers and enterprises. Telx is a privately held company headquartered in New York City with four facilities in the New York Metro area, two facilities in Chicago, two facilities in Dallas, three facilities in California, (Los Angeles, San Francisco, and Santa Clara) and facilities in Atlanta, Miami, Phoenix and Charlotte, N.C. For more information about Telx, visit www.telx.com.
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Contact:
Michelle Barry
BridgeView Marketing for Telx
603.570.7533
jsauer@telx.com
Twitter: http://twitter.com/Telx_Group

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