The subsidiary of electronic trading pioneer Instinet said that Chi-X Japan Limited has been granted a proprietary trading system license by the Japan's securities regular, the Financial Services Agency.
Trading hub boosted by the arrival of algorithmic connectivity service
London, 6 July 2010 – Interoute, owner and operator of Europe’s largest next-generation network, has increased its UK footprint with direct connectivity to Equinix’s LD4 International Business Exchange™ (IBX®) data centre located on the outskirts of London. Financial institutions can now utilise Interoute’s Fast Trade service to connect to both the major and emerging Multilateral Trading Facilities (MTFs) and trading venues located within the Equinix IBX data centre and other key financial exchanges throughout Europe.
As electronic trading grows, new MTFs have emerged to address the specialised needs of high frequency algorithmic trading. Equinix’s LD4 IBX network-neutral data centre has become a key UK location for these execution venues and is also home to a critical mass of buy and sell side firms, market data and technology providers. This diversity provides firms with maximum choice over which of their peers to partner with and also enables participants to quickly establish operational relationships with one another for the development of new opportunities, latency reduction and to decrease a firm’s time to market.
Financial institutions located in the Equinix LD4 IBX data centre now have the choice to use Interoute’s Fast Trade service to quickly connect to numerous exchanges across Europe with guaranteed low latency and stringent Service Level Agreements (SLAs). Interoute’s growing pan-European network offers extensive levels of connectivity to the leading MTFs.
“We are already connected to 11 of Equinix’s IBX data centres in Europe, as well as many other key facilities. With our on-net presence in 100 cities, we are working to directly connect to as many leading and emerging exchanges as possible,” said Lee Myall, UK Regional Director at Interoute. “The increase of algorithmic trading across Europe has been huge and we are matching demand from financial institutions looking to trade across Europe competitively.”
Interoute is seeing increasing demand from financial firms for direct, high availability bandwidth into Equinix‘s LD4 IBX data centre. By connecting through Interoute’s Fast Trade, organisations are able to benefit from Interoute’s premium SLAs. The bandwidth allocated via the Fast Trade product is entirely dedicated to the customer’s use and thus maintains consistent low latency. Before it’s delivered, each Fast Trade route is tested for its exact round trip delay, to the nearest 100 microseconds, which is then guaranteed in the SLA for that specific service. Financial firms are provided a predictable high quality, ultra low latency service. Furthermore, should the service be unable to meet the SLA’s guaranteed round trip delay the customer is free to cancel the service without any additional charges.
For further information, please click here to view a video titled ‘Algorithmic trading with the fastest bandwidth speeds in Europe” featuring Interoute’s Director of Wholesale Products and Services, Jonathan Wright.
| Company Information | |
| Company Name | Research In Motion |
| Also Known As | RIM, BlackBerry |
| Company Website | http://www.blackberry.com |
| Public Peering Exchange Points | |||
| Exchange Point Name | ASN | IP Address | Mbit/sec |
| AMS-IX | 18705 | 2001:7f8:1::A501:8705:1 | 10000 |
| AMS-IX | 18705 | 195.69.145.234 | 10000 |
| Equinix Chicago | 18705 | 206.223.119.80 | 10000 |
| Equinix Chicago | 18705 | 2001:504:0:4:0:1:8705:1 | 10000 |
| Equinix Dallas | 18705 | 206.223.118.50 | 10000 |
| Equinix Dallas | 18705 | 2001:504:0:5:0:1:8705:1 | 10000 |
| Equinix Paris | 18705 | 2001:7F8:43::1:8705:1 | 10000 |
| Equinix Paris | 18705 | 195.42.144.46 | 10000 |
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