Â· Providers can co-locate equipment
Â· Microsecond access to Exchangeâs trading and information systems
Â· Trading participants will benefit from co-located service providersâ hosting solutions
Â· Access to broad community of high frequency traders
Â· Move follows extensive customer consultation
Â· Additional capacity available to meet high demand
London Stock Exchange Group [âLSEGâ] announced today that non-trading market participants, including vendors and service providers, can take their own cabinets within the Exchangeâs Hosting facility. The move, undertaken after detailed consultation with market participants, represents a significant strategic step in the evolution of the Exchange Hosting service, paving the way for the creation of a unique community of both trading firms and solution providers in the Exchangeâs data centre.
Antoine Shagoury, Chief Information Officer, London Stock Exchange Group, said:
âThis is another significant step forward in our efforts to enhance the Exchange Hosting service. Our ever expanding community of trading customers will directly benefit from this vendor diversification and the innovative, value added services and products these new nonâtrading participants will bring to our co-location environment.â
Exchange Hosting, which was formally launched in September 2009, provides high frequency algorithmic trading firms with microsecond access to any of the London Stock Exchange Groupâs markets, allowing firms to physically locate their servers as close as possible to the Exchangeâs matching engines.
To accommodate the expansion of the Exchange Hosting service to non-trading participants and continued strong demand for colocation services, the Exchange will release additional cabinet space in its central London data centre at the end of November.
Non-trading participants will be able to use the Exchange Hosting space to offer a range of services, including:
* Centrally redistribute market data to the broad community of high frequency trading clients located within the Exchangeâs data centre
* Install and facilitate a trading participantâs hosting solution, offering a fully managed end to end service
* Connect to multiple trading firms to centrally provide software and solutions that facilitate trading firmâs operations
* Provide connectivity to trading services (for Member Firms) and to information services for the distribution of market data to clients located outside of the Exchange Hosting facility