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Interxion Partners with Burgundy to Enhance Access to Nordic Equities

July 21
09:19 2009

Web Hosting NewsThe Netherlands – Interxion, a leading European operator of carrier-neutral data centres, today announced an agreement with the newly launched multilateral trading facility (MTF) Burgundy to provide proximity hosting services at Interxion’s Stockholm data centre. The partnership will provide capital markets participants with highly reliable low-latency access to the new platform.

Burgundy, launched on 12th June, was established by a group of the largest banks and brokers in the region, aims to become the leading platform for trading Nordic shares. Backed by SEB, Nordea Handelsbanken, Swedbank and ten other banks/brokers, Burgundy’s owners collectively account for around half of all trading volumes in Swedish, Norwegian, Finnish and Danish equities.

Interxion will provide proximity-hosting services in their Stockholm data centre for traders that seek low-latency access to the Burgundy platform. In addition, high-density power configurations are available as standard, with industry-leading service level agreements and reliability and 24×7 secure access to equipment.

[swfobj src=”” width=”300/250″ class=”border: 1px solid grey;” align=”right”] “We aim to have 25% of Nordic liquidity by end next year, and we believe we have the backing and the infrastructure in place to provide a highly competitive alternative market,” said Olof Neiglick, Burgundy CEO. “Proximity-hosting services are a key element in our offer – a significant proportion of Nordic trading is currently conducted outside the region. As a result, there is a clear need for low-latency access, and Interxion have the location, the infrastructure, the connectivity and the expertise to provide a turnkey solution for our customers.”

“Our Stockholm data centre is strategically placed to give a competitive advantage to international traders connecting with the Burgundy exchange,” said Anthony Foy, Interxion Group MD. “The Interxion proximity-hosting service provides guaranteed low-latency connections, flexible connectivity options, industry-leading service levels and best-in-class data centre infrastructure.”

About Interxion
Interxion is a leading European operator of carrier-neutral data centres. Headquartered in Schiphol-Rijk, The Netherlands, Interxion serves its customers from 24 carrier-neutral data centres located in 13 cities across 11 European countries. Interxion serves network and carrier-based, hosting and enterprise customers who require professionally managed and strictly controlled physical environments within which to operate mission-critical applications and computer systems. Interxion’s data centres offer cost-effective and fast access to multiple local and global communication networks.

About Burgundy
Burgundy is a multilateral trading facility, owned by the leading Nordic banks and securities trading firms, that offers trading in close to 600 Swedish, Norwegian, Finnish and Danish equities. Burgundy shareholders represent almost half of the trading volume in Nordic equities. They are Ålandsbanken, Avanza Bank, Danske Bank, Carnegie, DnB NOR, Evli Bank, Handelsbanken, HQ Bank, Neonet, Nordea, Nordnet, SEB, Swedbank and Öhman. Burgundy is a client-oriented platform, designed to offer cost-effective securities trading and to strengthen the Nordic region as a financial hub and to provide an alternative to existing trading facilities. Retail or institutional investors can trade on Burgundy via one of Burgundy’s trading participants. Equities representing approximately 85% of the Nordic equity trading volume are available on Burgundy’s state-of-the-art, low-latency platform.

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