NYSE Technologies Expands Network to Equinix’s NY5 Centre

Equinix announced that the commercial technology unit of NYSE Euronext, NYSE Technologies, will create and operate a SFTI access centre at its NY5 data centre in Secaucus, New Jersey. The latest access point benefits customers with direct connectivity to SFTI, as well as access to a number of financial markets, data and post-trade services.

With this latest deployment, NYSE Technologies can now boast six SFTI Access Centres across Equinix data centres, in key markets such as New York, Chicago, Singapore, Frankfurt and London. It will also see customers enjoy reduced connectivity costs, better performance and simplified trading structures.

Ian Jack, Head of US Infrastructure for NYSE Technologies, commented “We are extremely pleased to be extending the SFTI backbone into Equinix’s NY5 Data Center Data Center A data center is a building or network used to house computer systems and associated components, such as telecommunications and storage systems.This generally includes redundant or backup power supplies, redundant data communications connections, environmental controls, and various security devices. Large data centers are industrial scale operations using as much electricity as a small town.Over the past decade, data center space has been growing at an incredible rate. This has increased as more A data center is a building or network used to house computer systems and associated components, such as telecommunications and storage systems.This generally includes redundant or backup power supplies, redundant data communications connections, environmental controls, and various security devices. Large data centers are industrial scale operations using as much electricity as a small town.Over the past decade, data center space has been growing at an incredible rate. This has increased as more Read this Term. Not only does it offer mutual customers value, enabling them to simplify their trading architecture, it also demonstrates our continued strategy to expand the SFTI community while ensuring customers have industry-leading access, performance and reliability. Equinix facilities will support a diverse range of customer connectivity options.”

The comprehensive STFI network – which serves over 1,300 market customers with a single point of connectivity to various exchanges, market centres and content service providers – was created ten years ago, with the intention of reducing customers’ time-to-market, as well as enhancing their performance and resilience, whilst reducing costs.

Financial market participants at NY5 can now relish the ever-growing financial ecosystem of both Equinix and NYSE Technologies. The SFTI network is built to accommodate large numbers of electronic quotes, trades and market data traffic. Furthermore, it will ensure reliable access to most North American equities and derivatives markets and exchanges.

John Knuff, general manager, Global Financial Services for Equinix, said “NYSE’s SFTI Access Center in NY5 is a significant addition to the Equinix financial ecosystem in the New York metro area and customers such as NYSE help to further build out the depth and diversity of its participants, which is critical to the health of the global electronic trading community. One of the biggest advantages of the NYSE offering is the focus on customer access, making it easy to connect to their product and service offerings, including the U.S. Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term Center in Mahwah, from anywhere in the world.”