New Facility will Support Rollout of the New Global Trading System
NEW YORK--(BUSINESS WIRE)--The International Securities Exchange (ISE) today announced that it has signed an agreement with Equinix to serve as the primary data center for its new Global Trading System (GTS), scheduled to begin its rollout in late 2010. Equinix will provide a Tier 3+, state-of-the art facility that is highly reliable and will accommodate future growth requirements of the exchange. The new data center will also support co-location for ISE member firms as well as connectivity to other key financial exchanges and market data providers.
“Over the past several months, we have conducted a rigorous review of our data center strategy and future requirements, and have surveyed many of our customers for their future needs. We are very pleased to have selected Equinix as our primary data center provider given their strong reputation and track record of reliability, security, customer service, and opportunities for our customers to consolidate multiple connections,” said Daniel Friel, ISE’s Chief Information Officer. “By signing this agreement, we are well positioned to support a smooth implementation of the new Global Trading System in late 2010, and are providing a data center solution that meets our customers’ needs.”
“We’re delighted that the ISE has selected Equinix to serve as the primary data center for its new Global Trading System,” added John Knuff, Director of Global Business Development for Equinix. “Our rapidly-expanding New York campus is quickly becoming the venue of choice for major organizations such as ISE that need to work with a data center partner that can support their broad reach and extensive client base. We look forward to hosting ISE’s member firms and key technology partners in our scalable, network-rich environment, and supporting their long-term business within our financial ecosystem.”
ISE Background
The International Securities Exchange (ISE) operates the world’s largest equity options exchange and offers options trading on over 2,000 underlying equity, ETF, index, and FX products. As the first all-electronic options exchange in the U.S., ISE transformed the options industry by creating efficient markets through innovative market structure and technology. Regulated by the Securities and Exchange Commission (SEC) and a member-owner of The Options Clearing Corporation (OCC), ISE provides investors with a transparent marketplace for price and liquidity discovery on centrally cleared options products. ISE continues to expand its marketplace through the ongoing development of enhanced trading functionality, new products, and market data services. As a complement to its options business, ISE has expanded its reach into multiple asset classes through strategic investments in financial marketplaces that foster technology innovation and market efficiency. Through minority investments, ISE participates in the securities lending and equities markets.
ISE is a wholly owned subsidiary of Eurex, a leading global derivatives exchange. Eurex itself is jointly owned by Deutsche Börse AG (Ticker: DB1) and SIX Swiss Exchange AG. Together, Eurex and ISE are the global market leader in individual equity and equity index derivatives. For more information, visit www.ise.com.
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