CHICAGO & FOSTER CITY, Calif.--(BUSINESS WIRE)--7ticks, the leading provider of high performance trading network solutions, and Equinix, Inc. (Nasdaq: EQIX), a provider of global data center services, announced today that 7ticks has launched a direct, network-neutral connection within the Equinix Frankfurt-North (FR2) International Business Exchange (IBX®) data center between its U.S. based network and the Eurex proximity location in Frankfurt, Germany.
7ticks’ presence at the FR2 center facilitates ultra-low latency services between the Eurex and other international exchanges. Within the center, the Frankfurt presence enhances 7ticks’ existing access to the Eurex VALUES API and Enhanced Broadcast Solution. 7ticks also now offers the new Eurex Enhanced Transaction Solution for lowest latency order routing.
“The expansion of 7ticks’ services to Equinix’s FR2 IBX center builds upon the successful partnership that the two companies have in the U.S., where 7ticks is deployed at Equinix’s Chicago centers,” said John Knuff, director of business development for Equinix. “7ticks offers a variety of services that furthers our goal of providing financial market participants at Equinix with access to the best of breed managed services providers."
“During these times of extreme market volatility, traders need affordable, low latency access solutions more than ever. Extending our network to Frankfurt, Germany represents another important step in our global expansion plans,” said Joe Bigane, Managing Director for 7ticks. “Our clients are already seeing huge advantages in performance, reliability, and cost affordability.”
About 7ticks
7ticks is headquartered in Chicago, where the company pioneered managed proximity co-location services for Chicago’s electronically traded products and exchanges. The Frankfurt data center marks the first of several international locations in 7ticks’ plans for global expansion, and complements the company’s existing U.S. proximity offerings. The 7ticks team provides electronic trading infrastructure design, procurement, installation, and hosting services that are enhanced by ongoing management, support, and monitoring solutions.
Proprietary trading groups, clearing firms, global investment banks, brokers, market makers, hedge funds, and independent software vendors (ISV’s) choose 7ticks for industry leading network performance, reliability, monitoring insight, and cost savings.
For more information on 7ticks, please visit http://www.7ticks.com or call 312-896-0300.
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