Equinix to expand London data centre
Source: Edelman DABO for Equinix , Author: Posted by BI-ME staff
Posted: Thu May 17, 2018 2:29 pm

LONDON.  Equinix, Inc.  (Nasdaq: EQIX), the global interconnection and data center company, today announced it will expand its LD4 International Business Exchange™ (IBX®) data center at its London Slough campus.

The new phase supports the continued growth of the world’s largest multi-asset class electronic trading ecosystem which consists of a robust collection of interconnected execution venues, trading platforms, market data vendors, service providers, buy-side firms, and sell-side firms. The new $39 million USD (£29M GBP) expansion is scheduled to open Q4 2018.

The new expansion of the LD4 data center will enable customers to interconnect securely with 1,000+ businesses in London including leading capital markets participants, insurers and electronic payments firms, as well as 200+ network service providers and 275+ cloud and IT service providers.

Leading financial services companies such as Nasdaq leverage Equinix’s global interconnection platform — Platform Equinix™ — to securely transact with ecosystem participants.

As the creator of the world's first electronic stock market, Nasdaq has deployed with Equinix in LD4 in London, as well as New York City for close proximity to customers and partners who demand high performance, low latency connectivity.

According to the Global Interconnection Index, interconnection bandwidth in Europe is expected to grow to reach 1450+Tbps by 2020, contributing more than a quarter of interconnection bandwidth globally. Banking and Insurance is expected to grow to reach 955+ Tbps of interconnection bandwidth by 2020. Furthermore, London is set to quadruple its private data exchange from 114 Tbps to 486 Tbps.

Russell Poole, Managing Director, Equinix UK said: “It is estimated that the financial and professional services industry contributes £176bn to the UK economy annually. In order for London to retain its title as the financial center of the world, despite concerns over Brexit, businesses require the latest IT infrastructure to thrive. The extension of our LD4 data center will help financial market participants continue to interconnect on a global scale — enabling them to improve the way investors access and act on the information that drives the global economy.”

James McKeone, AVP and Head of Strategic Relationships and Products for Nasdaq’s Global Information Services said:“Nasdaq’s collaboration with Equinix allows us to better serve our customers and partners from inside one of the world’s most interconnected data centers. With our presence in LD4, we are able to better provide products like Nasdaq Basic and our Global Index Data Service (GIDS) to investors in Europe. Localised data centers mean better market access for all and improved market transparency. I look forward to sharing more on this during my presentation at the Innovation through Interconnection event in London later this week.”

Additional Resources
• Equinix and Nasdaq interview at LD4 [video]
• Ecosystems and Liquidity - An Exchange Road Map For Maximum Order Flow [whitepaper]

Photo: for illustrative purposes only

About Equinix
Equinix, Inc. (Nasdaq: EQIX) connects the world’s leading businesses to their customers, employees and partners inside the most-interconnected data centers.  In 52 markets worldwide, Equinix is where companies come together to realize new opportunities and accelerate their business, IT and cloud strategies.

For more information, please visit www.equinix.com.

 

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