Wednesday, November 9, 2011

NYSE Euronext plans site near rivals

from FT:

>NYSE Euronext is to open an access point to its trading venue at the site of its European rivals, in a bid to draw more customers to its network.

The bourse will open an access point at a data centre west of London run by Equinix, the US group, and home of Chi-X Europe, Europe’s largest pan-European trading venue. The visually unremarkable Slough site has become one of Europe’s most sought-after locations to conduct trading because it sits on the telecommunications pathways between London and New York, but is also close to Europe’s financial centre.

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