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Boston Options Exchange to Offer Customers Greater Low-Latency Trading Solutions with Move to Equinix

July 13
16:04 2009

Web Hosting NewsFoster City, CA – Equinix, Inc. (Nasdaq: EQIX), a provider of global data center services, announced today the Boston Options Exchange (BOX) will locate its primary matching engines for its all electronic equity options market at the Equinix New York-4 (NY4) International Business Exchange (IBX®) data center in Secaucus, NJ. The move will provide BOX customers, including proprietary, high-frequency and algorithmic trading firms, with a scalable data center infrastructure from which they can directly connect to the BOX matching engine.

BOX provides an efficient, transparent marketplace with cutting-edge technology. Its platform is differentiated by speed and BOX’s ability to provide clients with measurable opportunities for price improvement, and is well-recognized by the global high-frequency trading community.

[swfobj src=”” width=”300/250″ class=”border: 1px solid grey;” align=”right”] Within Equinix’s NY4 center, BOX will participate in Equinix Financial eXchange, an established community of execution venues, buy and sell side firms, and technology utilities that have located at Equinix’s high-performance data centers. Equinix Financial eXchange will provide BOX with access to the widest choice of low-latency networks, and the ability to directly exchange data with strategic partners and customers in close proximity. The high-quality and advanced design of Equinix’s centers offers financial customers a full-range of scalable services, including colocation, interconnection and support of the highest levels of security.

“Operating within Equinix’s NY4 center will put BOX’s order matching engine in the middle of an existing community of financial trading companies and electronic trading networks, while providing our customers with a high-performance trading environment from which they can link to BOX with the lowest levels of latency,” said Alan Grigoletto, senior vice president for BOX. “This means we can now pair BOX’s ultra-fast matching engine with the advantages of colocating, thereby eliminating any geographic latency.”

“The addition of BOX to Equinix’s financial trading ecosystem further demonstrates Equinix’s leadership in providing comprehensive global solutions for financial market participants,” said John Knuff, director of business development for Equinix. “The Equinix Financial eXchange offers global trading firms with the data and market access they need to trade in North America. In addition to benefiting our current customers in the NY4 center, BOX will directly benefit from our base of global network providers that enable un-constricted order flow to their exchange.”

Equinix’s data centers enable financial firms to meet the strict regulatory requirements for secure and redundant physical infrastructure. Power operations at each center include a high-performance back-up system that ensures uninterrupted power even in the event of utility power disruption. Security features include interlocking “mantrap” doors, multiple layers of biometric hand-geometry scanners controlling access, as well as 24-hour security officers and hundreds of surveillance cameras.

About Boston Options Exchange
The Boston Options Exchange Group, LLC (BOX) is an all-electronic equity options market that is jointly owned by the TMX Group and seven broker dealers. BOX was established in 2002 and launched trading in February 2004 as an alternative to the market models in existence at the time. Since inception, BOX has provided its participants with an efficient and transparent marketplace, cutting edge technology and best price filtering for customer order execution.

About Equinix
Equinix, Inc. (Nasdaq: EQIX) provides global data center services that ensure the vitality of the information-driven world. Global enterprises, content and financial companies, and network service providers rely upon Equinix’s insight and expertise to protect and connect their most valued information assets. Equinix operates 42 International Business Exchange™ (IBX®) data centers across 18 markets in North America, Europe and Asia-Pacific.

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