Aquis Exchange, the proposed new pan-European equities stock exchange and trading technology vendor, has revealed that its second data centre co-location facility in London, UK, will be at Interxion’s City of London data centre campus. The move follows its earlier selection of Equinix’s LD4 data centre in Slough, just outside London.
The selection of a second, back-up data centre closer to the City of London financial trading hub, by Aquis Exchange will give users of the new exchange more latency options and the operator more capacity and resiliency.
Aquis is trying to increase competition in European exchanges arena by introducing tiered subscription-based pricing and innovative order types on its new trading platform and is aiming at all the major European markets including France, Germany, Italy, Netherlands, Sweden and the UK.
Commenting on the agreement, Aquis Exchange CEO Alasdair Haynes said: “We are pleased to announce that our secondary data centre is at Interxion’s London campus, which has a long and established heritage of providing colocation services to the financial industry. We are looking forward to the prospect of being able to deliver our services to their ever-expanding financial community.”
Interxion has more than 100 other capital markets participants co-located in its City of London data centre campus, including investment firms, high-frequency trading (HFT) algo-based firms, hedge funds, brokers and bankers; all of whom may benefit from being sited next to a matching engine.
“We are delighted that Aquis Exchange has chosen to locate at our London campus,” said Doug Loewe, UK managing director of Interxion. “This will be a perfect addition to the platforms we currently have and it reinforces our strong play in equities trading.”