Exchange to leverage Platform Equinix in New York metro-area locations
Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced that the MIAX Options Exchange (MIAX) has selected Equinix International Business Exchange™ (IBX®) data centers for its primary, backup and disaster recovery sites for its new options exchange trading platform. MIAX, the newest U.S. equity options exchange, successfully launched trading operations on December 7, 2012.
The MIAX trading platform was custom designed and developed to meet the unique functional and performance demands of derivatives trading that includes the need for a secure and reliable platform, ultra-low latency and exceptional throughput. MIAX leverages the Equinix global financial ecosystem to provide instant access and rapid service provisioning for MIAX partner participants, enabling MIAX to capitalize on opportunities for growth in the financial services sector. Located in four Equinix data centers including two in the New York campus, MIAX can interconnect with potential customers and partners inside Platform Equinix™. MIAX cited Equinix’s global footprint as one of the key factors in selecting the company.
“By utilizing Equinix IBX data centers, the MIAX trading platform takes advantage of Equinix’s established financial infrastructure deployment experience and optimal low-latency connections through direct connections to exchanges and trading partners,” said Doug Schafer, executive vice president and chief information officer at MIAX. “We are impressed with the features and performance of the Equinix interconnection platform and its ability to ensure a quality customer experience.”
“As MIAX establishes itself in the options industry, Equinix looks forward to delivering unparalleled security, connectivity and low-latency inside our facilities,” said John Knuff, general manager, Global Financial Services at Equinix. “Backed by our experience with more than 75 exchange deployments globally, Equinix understands the unique needs of the electronic trading community, and we’re pleased to support MIAX as it seeks to provide best-in-class performance and customer support.”
Equinix provides a neutral meeting place for the world’s leading financial market participants, including trading venues, buy- and sell-side firms, market data providers, technology providers and financial networks. More than 700 financial services customers locate servers and infrastructure within Equinix data centers to support mission-critical financial services applications with highly reliable, low-latency connectivity.