Equinix, Inc. (Nasdaq:EQIX), a provider of global data centre services, and Transaction Network Services (NYSE:TNS), a leading provider of business-critical, cost-effective data communications services, today announced that TNSâ Secure Trading Extranet is now offering low-latency connectivity through Equinixâs International Business Exchangeâ¢ (IBXÂ®) data centres in Australia and Singapore.
This announcement follows TNS deployments in Chicago, New York, London and Frankfurt, enhancing TNSâ position as a key connectivity provider for the global Equinix trading community.
The Asia-Pacific market presents significant growth potential to the electronic trading community as Asian exchange volumes continue to grow and as demand for interconnecting multiple venues, participants and geographies accelerates. TNSâs network at Equinix data centres helps to connect a global financial community of interest, including buy and sell-side firms, hedge funds, execution venues and suppliers of market data and trading technologies.
The participants of Equinixâs financial community will benefit from TNS' global network infrastructure, which provides services to over 40 countries around the world and 1,600 end-points on its Extranet. Both companiesâ financial sector expertise and the presence of an extensive trading community at IBX facilities will support TNSâ objective of rapidly enabling new entrants with an easier access into the Asia markets, as well as connectivity to other markets worldwide.
âSupported by TNSâ connectivity, our facilities in Australia, Hong Kong and Singapore become an even stronger platform for both new and current financial participants to build in and use for accessing Asia-Pacific markets,â said John Knuff, general manager, Equinix Financial Services. Our IBX clients can benefit from this new high-performance, low latency infrastructure in addition to Equinixâs broad range of offerings, other financial participants and technologies.â
Alan Schwartz, President for TNSâ Financial Services Division, said: âThe presence of a robust electronic trading ecosystem within Equinix will allow us to increase our connectivity and build on our growing client base. We believe our joint clients will greatly benefit from this new low latency network connectivity, enabling them to capitalise on the improved speed and reliability that is key to todayâs electronic trading.â