Customers will also have access to ICAPâs market data solutions, including EBS Live â a premium product of real-time streaming prices, delivered direct from the EBS platform to the customerâs market data distribution platform â and the BO23 broadcast, which provides full order depth on the BrokerTec platform.
Ed Brown, Head of Business Development and Research, ICAP Electronic Broking said: âFinancial institutions are increasingly looking for high-speed, low-latency access options that meet the demands of their changing trading strategies. By working together with Equinix to offer this premium connectivity service, we are offering our customers greatly enhanced access to both the EBS and BrokerTec platforms. For the first time, customers will be able to connect to both platforms from a common data center.â
âEquinixâs network-rich centers will provide a high-performance connectivity platform for ICAP customers as they seek the fastest and most reliable links to ICAPâs BrokerTec and EBS services,â said Steve Smith, president and CEO of Equinix. âSimilarly, as Equinix has a high concentration of financial customers at its New York area centers, the addition of ICAP and the ability to directly connect with their trading platforms will enhance our service offering to financial companies already hosted at Equinix.â ICAP will deliver the i-Cross service within Equinixâs recently opened NY4 IBX data center, leveraging Equinixâs multi-million dollar investment in the new building that features financial-grade quality and redundancy, including industry leading security, environmental control and power availability.