Russia’s largest financial exchange, the Moscow Exchange MICEX-RTS, has deployed its first connectivity point to the London trading hub, using Equinix’s London LD4 Data Centre situated to the west of the UK capital city.
Moscow Exchange selected Equinix’s London LD4 International Business Exchange (IBX) data centre for the rollout of its ‘Point of Presence’ (POP) venue, in order to give proximity co-location services to the Moscow Exchange infrastructure. This will provide customers with direct access to Moscow Exchange markets with optimised latency.
The Moscow Exchange Equinix LD4 POP deal provides financial market participants with the following benefits:
• Average expected round trip latency between Moscow Exchange location and connectivity point in London is now 42 milliseconds.
• The location in the multi-asset financial services LD4 data centre, operated by Equinix, allows for better proximity services to those traders already co-located in the facility.
• Redundant connectivity available via two independent telecom providers.
• Standardised FIX order routing is now possible and much easier.
• Multicast market data is available.
• Access to all Moscow Exchange markets including equities, foreign exchange (FX) and the important derivatives markets, especially covering the oil and commodities sector, is now available to the co-located users of the data centre.
“We are extremely pleased to be extending the Moscow Exchange connectivity into Equinix’s London LD4 data centre,” said Vahan Vardanian, chief information officer (CIO) at Moscow Exchange. “[the deal] will offer our member firms and market data vendors new value-add services and reduced costs, enabling them to simplify their trading architecture. It demonstrates our continued commitment to expand our trading access services using industry standard protocols.”