Telecom Ramblings

PR Archives:  LatestBy Company By Date


Press Release -- April 4th, 2017
Source: Equinix
Tags:

The Mexican Stock Exchange Deploys Market Data Access in Equinix New York Data Center

Capitalizes on established financial services ecosystem and leverages interconnection at the state-of-the-art data center

REDWOOD CITY, Calif. and MEXICO CITY, April 4, 2017 /PRNewswire/ -- Equinix, Inc. (NASDAQ:EQIX, news, filings), the global interconnection anddata center company, today announced that the Mexican Stock Exchange (BMV Group) is the first Latin American exchange to  deploy a Point-of-Presence (POP) in the Equinix NY5 International Business Exchange™ (IBX®) data center, located in Secaucus, NJ.

The Mexican Stock Exchange's new Point-of-Presence supports the company's regional strategic position to further expand its global presence, and it encompasses a new channel to interconnect with the existing ecosystem of financial market participants operating within Equinix's NY5 hub. The initial offering will provide clients with access to market data on a new multicast data feed, and it will enable lower latency for electronic equities and derivatives market providers. Over time, the Mexican Stock Exchange plans to enhance their existing capabilities by adding additional services to their offering.

Highlights / Key Facts

  • Strategically located in Equinix's Secaucus data center campus, the Mexican Stock Exchange can take advantage of close proximity to major liquidity providers and institutional investors that are increasingly adopting cross-asset trading execution strategies through interconnection. Close proximity to financial firms, combined with access to the broadest choice of networks and the ability for customers to directly connect, will enable the Mexican Stock Exchange to deliver consistent low latency market data to its customers in the U.S.
  • The Mexican Stock Exchange, a public company since 2008 with more than 120 years of experience, is the second largest exchange in Latin America with daily trading volumes averaging more than $780 million USD and 300 million shares.
  • The Mexican Stock Exchange's customers can take advantage of the new Point-of-Presence in NY5 to access the latest multicast protocol market data feed, enabling greater efficiency and decreasing the latency in the delivery of the data by 75 percent.  Additionally, the new market data feed features Top of Book and 20 levels depth information for the equities market, and 10 levels depth for the derivatives market using low latency channels.
  • 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. Equinix data centers provide colocation and interconnection services for over a 1,000 financial services customers that include over 175 exchange and trading venue deployments around the globe. The expansion by the Mexican Stock Exchange further enhances Equinix's global electronic trading ecosystem, providing the interconnection options that companies need to meet business demands.
  • Equinix's campus in Secaucus, NJ serves financial, network and cloud companies. Furthermore, the facility offers premium colocation services and is designed to meet the financial market's need for data-intensive applications deployed closer to the edge.

Quotes

  • José- Oriol Bosch, CEO, The Mexican Stock Exchange:
    "For the Mexican Stock Exchange, the deployment of a Point-of-Presence in New York, was a key element of the commercial strategy to increase our capacity to distribute Market Data internationally, using low-latency channels to connect directly to existing and potential customers. The Equinix Secaucus campus was a strategic choice for us as it is home to a broad ecosystem of financial services firms.  By offering our Market Data services there, we can easily interconnect with these firms in a fast and reliable way."
  • John Knuff, Vice President, Financial Services at Equinix:
    "We are proud to host the first Latin American exchange in Secaucus and continue to see strong momentum with the global exchanges market, as these businesses are realizing how a global data center platform can accelerate their business performance.The Mexican Stock Exchange is a locally recognized brand and adds to the strength of our financial services offering."

About Equinix
Equinix, Inc. (NASDAQ: EQIX) connects the world's leading businesses to their customers, employees and partners inside the most interconnected data centers. In 41 markets across five continents, Equinix is where companies come together to realize new opportunities and accelerate their business, IT and cloud strategies. equinix.com.

About BMV Group
BMV Group (BMV: BOLSAA) is a fully integrated Exchange Group that trades cash, listed derivatives and OTC markets for multiple asset classes, including equities, fixed income and exchange traded funds, as well as custody, clearing and settlement facilities and data products for the local and international financial community. bmv.com.mx

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 centres 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; failure to receive significant revenue from customers in recently built out or acquired data centres; 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.

PR Archives: Latest, By Company, By Date