European Exchanges Extend Connectivity

Terry Flanagan

Deutsche Börse is opening a new access point in the Vienna data center campus of Interxion, a leading European provider of cloud- and carrier-neutral colocation data center services.

Deutsche Börse will offer customers in the CEE region direct access to its global network via the new access point. Deutsche Börse’s network interconnects market participants with the major players of the financial services industry throughout Europe, the Americas and Asia.

“Part of our mission is to create the leading global network in capital markets,” said Sean Chinnock, director and chief operating officer, data and services, at Deutsche Börse. “We were impressed by Interxion’s track record in financial services combined with the unrivalled range of connectivity to the entire CEE region from the Vienna data center.”

Among Deutsche Börse’s range of managed network services is connectivity to Clearstream’s post-trade services, Eurex Exchange, the international derivatives market and the cash market Xetra, and all markets of CEE Stock Exchange Group.
Connectivity to several other venues as well as Deutsche Börse’s real-time data feeds is also available through the new access point.

Interxion’s data centers are home to financial hubs, where financial institutions can benefit from low latency access to liquidity venues, market data providers, and low-latency connectivity and managed services providers.

“We are pleased to welcome the Deutsche Börse to our growing list of financial services providers who increasingly rely on our Vienna data center as a secure location for their applications and data while also taking advantage of our robust connectivity to more effectively and efficiently service their customers,” said Christian Studeny, managing director, Austria, at Interxion.

Separately, Aquis Exchange, a proposed pan-European equities trading exchange, has added AlgoSpan’s AlgoNet network as an extranet supplier. AlgoNet’s infrastructure services are designed to increase the speed of market data delivery and reduce order execution latency.

Aquis Exchange has been created to operate a pan-European equities trading exchange and develop exchange software. It aims to revolutionize the European trading landscape by its introduction of subscription pricing and innovative order types.

“We believe in providing our members with as many connectivity options as possible and being able to offer them AlgoNet’s low latency infrastructure is particularly useful for those members for whom speed of execution is very important,” said Aquis Exchange CEO Alasdair Haynes.

AlgoSpan is a network carrier providing low latency connectivity solutions to the global financial community, reducing execution times to all major trading venues and market data feeds across Europe and the United States.

“With a focus on distance-related network latency, AlgoNet applies our ‘shortest path’ philosophy to target delays between trading venues and the customer’s trading systems,” said Robert Bicket, CEO of AlgoSpan. “We deliver unrivalled latency delivering a bespoke trading infrastructure solution to meet specific needs.”

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