(WEB HOST INDUSTRY REVIEW) — Data center operator Equinix (www.equinix.com) announced on Tuesday that multibank foreign electronic platform FXall (www.fxall.com) will offer connectivity to its foreign exchange platform within the Equinix NY4 International Business Exchange data center.
The announcement follows Lexent Metro Connect’s connection of two New Jersey Equinix International Business Exchange data centers and carrier hotels in Manhattan.
The service will be available to the community of Equinix Financial eXchange financial trading companies currently operating within the New Jersey campus, including buyside and sellside firms which trade multiple asset classes.
FXall will also be able to directly reach the group of networks and other strategic partners operating within Equinix’s Financial eXchange to service FXall customers with optimized performance.
The company offers spot, swap, forward and NDF products for over 500 currency pairs in a single platform.
More than 800 global institutions use FXall’s trading and straight through processing solutions to support various trading strategies in all market conditions.
FXall will offer its services to customers of Equinix Financial eXchange. This community of capital market participants includes execution venues, buy and sell side firms, market data providers, technology providers and financial networks, that locate operations within Equinix data centers in order to benefit from a high-performance, low latency connectivity infrastructure.
At Equinix, these companies can directly exchange data within the same physical location with strategic partners, customers and vendors, which lets them enhance their trading decisions and risk avoidance operations, as well as access a range of high-performance network connectivity and data center services.
By offering the FXall platform in the Equinix Financial eXchange ecosystem, companies will also be able to use the platform to establish direct relationships with key networks and other strategic partners in order to enhance the speed and reliability of their services.
“Equinix’s financial community has identified FXall as a very desirable trading venue, and we are happy to help fulfill their performance needs,” says John Knuff, director of business development at Equinix. “Beyond benefitting our current financial community customers, FXall’s presence will hopefully attract new customers to our NY4 center and serve as a spring board for future FXall growth initiatives.”
