Build Out to be Completed in the 4th Quarter of 2013
JERSEY CITY, N.J., Aug 30, 2012 (GlobeNewswire via COMTEX) --
Direct Edge(R), one of the world's leading equities exchange operators,
announces it has signed an agreement with Equinix, Inc.
EQIX
+0.86%
, a provider of global data center services, to re-locate the disaster
recovery facilities for EDGA Exchange and EDGX Exchange to Equinix's
Chicago 4 (CH4) International Business Exchange(TM) (IBX(R)) data
center. Scheduled to be operational by the fourth quarter of 2013,
Direct Edge anticipates the new site will enhance its business
continuity and disaster recovery capabilities by providing geographic
diversity in the event of a disruption that impacts its primary facility
at the Equinix NY4 data center in Secaucus, New Jersey.
"Continuous operation in even the most difficult of circumstances is a
core pillar of investor confidence," said Saro Jahani, Chief Information
Officer for Direct Edge. "Not only is the Equinix CH4 site a
world-class data center already used by many of our members, its
location will complement Direct Edge's primary facility by providing
geographic diversity in the event of broad unavailability of our New
Jersey facilities. Equinix has been a valued partner of Direct Edge
since before the launch of our exchanges in 2010, and we are honored to
expand our relationship with them."
"Equinix is pleased to provide Direct Edge with the redundancy,
security, and connectivity it requires to deliver the performance and
support its members demand," said John Knuff, general manager, global
financial services at Equinix. "Direct Edge has access to a rich
ecosystem of trading participants and connectivity options inside its
primary deployment at NY4, and with its expansion to CH4 market
participants in Chicago will have access to Direct Edge locally."
Direct Edge currently uses a data center facility in Clifton, N.J., as
the DR site for the backup facilities of the EDGA and EDGX Exchanges. A
detailed migration and implementation schedule will be distributed to
members and trading participants in due course.
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