Location decision integral to Equiduct’s pan-European growth strategy
LONDON 3rd March 2011 – INTERXION HOLDING NV, (NYSE:INXN, news), a leading European provider of carrier-neutral colocation data centre services , today announced that Equiduct, the fastest growing pan-European trading platform, has moved its matching engines into its City of London data centre to take advantage of Interxion’s leading connectivity and Financial Hub community.
Equiduct offers a pan-European trading platform designed to make the benefits of best execution available to the European retail investment community. Since the introduction of the Markets in Financial Services Directive (MiFID) regulation in 2007, new trading venues have successfully competed to offer execution alternatives, institutional investors have taken advantage of the benefits of competition. Orders of retail customers, however, are still mainly traded on domestic exchanges despite better prices available on alternative trading venues. Equiduct offers a unique and liquid business model designed to help retail firms to provide executions at the best price available across Europe.
Commenting on the decision to locate the data centres in Interxion, Peter Randall, CEO of Equiduct explains, “In order to achieve our growth ambitions we needed a reliable and high quality data centre partner. In making our selection, we were attracted by the prospect of being able to interconnect with Interxion’s financial services community. In addition, Interxion’s pan-European footprint of data centres will allow us to get even closer to our pan-European retail community and will be well positioned to support our future business development plans.”
Antony Foy, Group Managing Director of Interxion commented, “Our strength lies in providing choice and flexibility as well as efficient scalability of space and power. While speed is not a primary concern for the retail investment community today, we believe that over time their demands for low latency connectivity and colocation services is only likely to increase. We are delighted to be hosting Equiduct and this deal further reflects the strengths of our financial offering and the expertise we have within this field. We are confident that our world-class infrastructure and strong financial community are well-positioned to support both Equiduct and its clients with their current and future requirements.”
– ENDS –
About Interxion
Interxion is a leading provider of carrier-neutral colocation data centre services in Europe, serving over 1,100 customers through 28 data centres in 11 European countries. Interxion’s uniformly designed, energy-efficient data centres offer customers extensive security and uptime for their mission-critical applications. With connectivity provided by 350 carriers and ISPs and 18 European Internet exchanges across its footprint, Interxion has created content and connectivity hubs that foster growing customer communities of interest. For more information, please visit www.interxion.com
About Equiduct
Equiduct Systems Limited is a technology and transactions services provider specialising in offering low latency market data and trading platform solutions. It provides Equiduct, the fastest growing pan European trading platform, offering the highest likelihood of best execution for the retail market. More information:www.equiduct.com
Press Contacts:
Interxion Ltd:
Ali Moinuddin
Marketing Director
Tel: +44 (0)20 7375 7038
E-mail: alim@interxion.com
Equiduct:
Stephanie Gopalakrisna
Tel: +44 20 3102 4085
Email: stephanie.gopalakrisna@equiduct.com
PR Archives: Latest, By Company, By Date