NYSE Euronext Opens New European Data Center
NYSE Euronext has opened its European data center, with the first phase of customers installing equipment in preparation for the anticipated migration of all NYSE European matching engines in the fourth quarter of this year.
NYSE is also building a North American data center that will house the exchange’s North American matching engines and collocation services. The North American data center, which is a 28-megawatt facility that is three football fields long, is expected to open later this year.
The new European facility will house all of NYSE Euronext’s European markets and also includes a collocation service for trading firms. The company’s European data center has the latest advancements in design and efficiency to create a resilient, high-capacity and low-latency facility, according to NYSE.
“We are very excited to welcome the first wave of customers into our new data center,” said Dominique Cerutti, president and deputy CEO, NYSE Euronext in a press release. “The facility has been designed from the ground up to facilitate the free flow of global liquidity and enhance our customers’ access to markets. As both an innovative technology provider and a global exchange operator, NYSE Euronext is a leader in connecting markets with market participants and a diverse issuer base to create a truly global trading community.”
“Our European data center will provide a unique blend of cutting-edge technology and value-added services to all kinds of market participants,” said Stanley Young, CEO, NYSE Technologies in a statement. “Our aim is to make it as easy as possible for firms to bring their trading systems into the facility, providing customers with unmatched reliability and the lowest latency access to all of NYSE Euronext’s European markets. We have built the facility to the highest standards of performance and we are looking forward to demonstrating its speed, connectivity and capacity, starting immediately with this first phase of the rollout of our co-location offering.”
The initial co-location phase comprises more than 40 high-frequency trading firms scheduled for installation and testing prior to the migration of the main matching engines for the NYSE Euronext, NYSE Liffe, NYSE Arca Europe and Smartpool markets, which is due for completion by the fourth quarter of 2010. Customer consultations for the second phase will begin in the summer with scheduled installations commencing in November.
Designed to provide and facilitate an array of technology solutions, NYSE Euronext’s data centers will offer co-location services, robust connectivity, flexible configuration capabilities and ultra-low latency market data managed by NYSE Technologies. In January, NYSE Technologies announced the launch of a US data center to be located in Mahwah, New Jersey. Both centers will offer less than 50 microseconds of internal latency between customers’ equipment and the markets, claims NYSE. Greg MacSweeney is editorial director of InformationWeek Financial Services, whose brands include Wall Street & Technology, Bank Systems & Technology, Advanced Trading, and Insurance & Technology. View Full Bio
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