July 6, 2009
Chi-X Europe Extends Operations into Frankfurt with Move to Equinix Data Center
Equinix provides continental European trading participants with high speed direct access to Chi-X Europe
Frankfurt, Germany - July 6, 2009 - Equinix, Inc. (Nasdaq: EQIX), a provider of global data center services, has announced that Chi-X Europe Ltd, operator of the largest pan-European equity multilateral trading facility (MTF), has joined Equinix Financial eXchange located within the Equinix Frankfurt (FR2) International Business Exchange (IBX®) data center. Chi-X Europe's new trading and market data Point of Presence in the Equinix FR2 data center is dedicated to providing direct connectivity for its continental European trading participants, as well as for the growing number of financial trading companies operating on the Frankfurt-based Equinix Financial eXchange. Equinix, which already hosts Chi-X Europe's platform at its IBX data center in Slough, London (LD4), is also providing a new business continuity solution for Chi-X Europe at Equinix's IBX center in Park Royal, London (LD3).
Chi-X Europe has chosen to host its platform at the FR2 center as part of its strategy to deliver high speed connectivity for its trading participants. By joining Equinix Financial Exchange, a neutral marketplace comprising a growing number of financial market participants, the established and active community of buy and sell side firms, market data providers and specialist network operators currently participating in the FR2 center is able to connect over low latency links to Chi-X Europe. Equinix will also provide Chi-X Europe with ultra-secure, highly resilient co-location services to underpin service availability, as well as a scalable environment for Chi-X Europe's continental trading participants to directly connect to the platform.
Florian Miciu, Head of Technology at Chi-X Europe, said, “Chi-X Europe is committed to providing faster and more efficient services for our trading participants. Having worked with Equinix at its IBX data center in Slough, we have a proven relationship which we believe will deliver ultra-secure, high speed and highly resilient hosting.”
Building on its relationship with Equinix, Chi-X Europe will also launch a business continuity deployment at Equinix's LD3 IBX data center, providing a resilient base to ensure business continuity for its operations. The deployment at LD3 is Chi-X Europe's third installation at Equinix.
“We're delighted that Chi-X Europe has chosen to extend its partnership with Equinix, selecting our Frankfurt data center to host its first continental European Point of Presence,” said Petrina Steele, Vice President, Business Development at Equinix in Europe. “All of our data centres are built to support optimum service availability, providing access to a wide range of low latency networks and enabling customers to directly link with key stakeholders. All these factors cut execution times and complement Chi-X Europe's strategy.”
About Chi-X® Europe
Chi-X Europe Limited is an FSA-authorised securities firm operating a multilateral trading facility (MTF) for the trading of a wide range of European equities. Chi-X Europe's low-cost, streamlined operating model is designed to help trading participants achieve ultra-low execution, clearing and settlement costs, and benchmark tests have shown Chi-X Europe to be significantly faster than Europe's traditional equity exchanges. Chi-X Europe disseminates real-time market data to clients directly and via third-party market data vendors at no cost, and off-exchange trade reporting is available for a low monthly fee. For more information, please visit www.chi-x.com.
About Equinix Financial eXchange:
Equinix Financial eXchange is a neutral marketplace consisting of financial markets participants including execution venues, buy and sell side firms, market data providers, technology providers and financial networks; that locate servers and infrastructure within Equinix data centers in order to support highly reliable, low latency connectivity for a broad range of market participants. Learn more at: http://financial.equinix.com
Equinix, Inc. (Nasdaq: EQIX) provides global data center services that ensure the vitality of the information-driven world. Global enterprises, content and financial companies, and network service providers rely upon Equinix's insight and expertise to protect and connect their most valued information assets. Equinix operates 42 International Business Exchange™ (IBX®) data centers across 18 markets in North America, Europe and Asia-Pacific.
Important information about Equinix is routinely posted on the investor relations page of its website located at www.equinix.com. We encourage you to check Equinix's website regularly for the most up-to-date information.
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.