Leading global exchange to open a European electronic trading hub
in Equinix’s LD4/LD5 campus
REDWOOD CITY, Calif. & LONDON--(BUSINESS WIRE)--Apr. 11, 2013--
Inc. (Nasdaq: EQIX), the global interconnection
and data center company, today announced that CME
Group, the world’s leading and most diverse derivatives marketplace,
is establishing a European CME Globex hub inside Equinix’s London,
Slough LD4/LD5 data center campus.
The CME Globex hub is scheduled to open in May 2013. Once completed, it
will enable further alignment with the CME Group’s regional customers,
while providing the company access to an expansive community of
potential customers located inside Equinix International Business
data centers around the world.
Highlights / Key Facts
Approximately 25 percent of CME Group’s electronic trading volume
comes from outside the United States, primarily from the EMEA region.
Locating the CME Globex hub at Equinix’s LD4/LD5 campus gives CME
Group a significant advantage by placing its business within close
proximity to Europe’s leading trading platforms and electronic trading
New market regulations across Europe are driving the movement of
derivatives to trade on exchanges resulting in trade processing
through central clearing houses and data being reported and housed in
trade repositories. Over the past few years, Equinix has built a
cross-asset class business which is well-positioned to meet the
demands of the evolving algorithmic trading market and its growth into
additional asset classes such as FX and derivatives.
CME Group exchanges offer the widest range of global benchmark
products across all major asset classes, including futures and options
based on interest rates, equity indexes, foreign exchange, energy,
agricultural commodities, metals, weather and real estate. The group
brings buyers and sellers together through its CME Globex®
electronic trading platform and its trading facilities in New York and
Customers interested in connecting to the CME Globex hub simply need
to either acquire space in Equinix’s LD4/LD5 campus and cross-connect
to the platform or lease a line.
William Knottenbelt, managing director EMEA, CME Group:
continue to see growing demand from our customers based throughout
Europe for our product offerings, which means that we also need to
focus on building our infrastructure and technology capabilities in
the region. By opening this new hub with Equinix, we are helping our
customers achieve better cost and technology management efficiencies
with the added benefit of accelerated access to our markets.”
Orrell, managing director of Global Financial Services,
“In today’s evolving market, exchanges want to
reach the largest trading community with the lowest infrastructure
costs, using data centers already well-populated with their target
customers. Equinix is the only network-neutral data center provider
that’s able to meet these needs globally, and CME Group will be a
uniquely powerful addition to the thriving financial ecosystem inside
Equinix, Inc. (Nasdaq: EQIX), connects more than 4,000 companies
directly to their customers and partners inside the world’s most
networked data centers. Today, businesses leverage the Equinix
interconnection platform in 31 strategic markets across the Americas,
EMEA and Asia-Pacific. www.equinix.com.
Forward Looking Statements
This press release contains forward-looking statements that involve
risks and uncertainties. Actual results may differ materially from
expectations discussed in such forward-looking statements. Factors that
might cause such differences include, but are not limited to, the
challenges of acquiring, operating and constructing IBX centers and
developing, deploying and delivering Equinix services; unanticipated
costs or difficulties relating to the integration of companies we have
acquired or will acquire into Equinix; a failure to receive significant
revenue from customers in recently built out or acquired data centers;
failure to complete any financing arrangements contemplated from time to
time; competition from existing and new competitors; the ability to
generate sufficient cash flow or otherwise obtain funds to repay new or
outstanding indebtedness; the loss or decline in business from our key
customers; and other risks described from time to time in Equinix’s
filings with the Securities and Exchange Commission. In particular, see
Equinix’s recent quarterly and annual reports filed with the Securities
and Exchange Commission, copies of which are available upon request from
Equinix. Equinix does not assume any obligation to update the
forward-looking information contained in this press release.
Equinix and IBX are registered trademarks of Equinix, Inc.
International Business Exchange is a trademark of Equinix, Inc.
Source: Equinix Inc.
Equinix Media Contacts
Melissa Neumann, +1 650-598-6098
for Equinix, Inc.
Liam Rose, +1 415-318-4380