Stock exchange simplifies cost and streamlines connectivity via
REDWOOD CITY, Calif. & TORONTO--(BUSINESS WIRE)--Jun. 11, 2013--
Inc. (Nasdaq: EQIX), the global interconnection
center company, today announced that CNSX Markets Inc. (CNSX
Markets) has deployed a point of presence (PoP) in Equinix’s TR1
International Business Exchange™ (IBX®) data
center in Toronto, Canada.
Highlights / Key Facts
Spurred by requests from customers already located in the Equinix TR1
facility, CNSX Markets expanded its infrastructure into TR1 to
streamline connectivity and reduce costs.
CNSX Markets, a recognized stock exchange, is the operator of two
venues: the Canadian National Stock Exchange (CNSX) and Pure Trading™.
CNSX is a venue for listing and trading of Canadian public companies,
primarily in their early stage of development. Pure Trading provides a
low latency/high performance continuous auction market system for
securities listed on other Canadian stock exchanges.
Location directly affects cost trajectories, system performance and a
financial institution’s ability to keep up with fast moving trends.
CNSX Markets’ new PoP in Toronto positions its systems for maximum
connectivity, performance and agility, which lowers the barrier to
entry for dealer participation.
Equinix’s TR1 IBX data center is located in the preeminent
telecommunications carrier hotel and data center facility in Canada.
TR1 provides CNSX Markets with a full array of premium data center and
support services with extensive network choice and the ability to
interconnect to customers and partners across the financial
Carleton, CEO, CNSX Markets:
“The Equinix data
center in downtown Toronto represents a significant concentration of
equity market liquidity in Canada. As an organization, we are
constantly looking for ways to assist our dealers and other market
participants to reduce costs and network management challenges. By
offering our customers a low cost, high performance access to our
services through the new point of presence at Equinix we can broaden
the access and visibility of our marketplaces.”
Orrell, managing director, Global Financial Services,
“CNSX’s point of presence will be a valuable
addition to our growing financial ecosystem, offering direct access to
an even wider range of securities and market data available from one
About CNSX Markets
Pure Trading provides a high capacity/low latency continuous auction
market for the trading of securities listed on other Canadian stock
exchanges. In operation since 2003, CNSX is an innovative venue for
trading the securities of public companies. CNSX’s unique market model
matches enhanced disclosure and streamlined issuer regulation with
leading edge technology and comprehensive regulatory oversight
to capital formation and efficient secondary market trading for
entrepreneurs, public companies, investors and investment dealers. www.cnsx.ca.
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.
Business Exchange is a trademark of Equinix, Inc.
Source: Equinix, Inc.
Melissa Neumann, +1 650-598-6098
for Equinix, Inc.
Liam Rose, +1 415-318-4380
Pina De Santis, +1 416-572-2000