Tuesday, April 5, 2011

Essex town may become new home of German stocks

from www.dw-world.de:

>>Trading of household-name German stocks – including BMW, Deutsche Telekom and Siemens – could move to a data center based in the UK if Deutsche Börse completes its planned tie-up with NYSE Euronext.


The possible transfer of Deutsche Börse's trading platform to Basildon would be a major setback for Equinix – the company that had been selected to host Deutsche Börse's trading engines at a new data center in Frankfurt later this year.

Deutsche Börse's decision to move to Equinix's FR2 International Business Exchange (IBX) site was driven by demand from exchange participants, who want to install so-called "proximity hosting services" directly onto the servers hosting the exchange's trading engines.

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