Aquis Exchange Selects Equinix London Data Center
New Aquis Exchange European Equities Platform to use Equinix’s London Slough
data center campus
REDWOOD CITY, Calif. & LONDON -- June 6, 2013
Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center
company, today announced that Aquis Exchange Ltd, the proposed pan European
stock exchange*, plans to establish its primary data center at the Equinix LD4
International Business Exchange™ (IBX®) data center, inside the Equinix London
Slough campus. Aquis Exchange, which will launch pending approval by the UK
Financial Conduct Authority (FCA), aims to revolutionize the European trading
landscape and increase competition by introducing tiered subscription-based
pricing and innovative order types.
Highlights / Key Facts
*The Equinix London Slough campus was selected by Aquis Exchange because of
its unrivalled access to over 30 European markets, 80 exchanges and
trading platforms. In addition, Aquis Exchange will have access to
theEquinix Marketplace, which allows Equinix customersto identify
potential customers and partners from over 4,000 ecosystem participants
offering a range of services inside Equinix data centers.
*The Equinix London Slough campus already houses equity platforms, as well
as numerous FX platforms, dark pools, commodities, and new derivative
products. Market participants may directly connect to the Aquis Exchange
platform inside the Equinix London Slough campus via a local cross
*Cross connects go live within 48 hours of ordering, speeding
time-to-market and lowering barriers to entry while providing high levels
of resilience and low latency for the new members of Aquis Exchange. In
addition, Aquis Exchange will be in close proximity to the trading
community housed inside Equinix, which allows Aquis Exchange and its
members to connect directly to other market participants inside the
Equinix financial ecosystem.
*Today, 25 per cent of total European equities trade count originates from
the Equinix London Slough campus. Globally, over 60 per cent of
volume-driving market makers are Equinix customers and over 25 per cent of
these are currently based in the Equinix London Slough campus.
● Alasdair Haynes, CEO, Aquis Exchange Ltd.:
“We chose Equinix because we believe LD4 is the best connected financial
hub in the UK. Equinix also has a great reputation for quality service
and offered us a good value proposition. We are excited to be working
● John Knuff, general manager, Equinix Global Financial Services:
“We’re delighted to welcome Aquis Exchange to the London Slough
ecosystem. Equinix is uniquely positioned to support rapid liquidity
growth and maximize opportunities for trading participants across
crowded financial markets. Nimble exchanges, such as Aquis, are reacting
to the demands of the trading community by driving down access and
infrastructure costs when they deploy inside strategic hubs where a rich
community of market participants already exists.”
About Aquis Exchange
*Aquis Exchange, which has applied for regulatory approval as a multilateral
trading facility from the UK FCA, was established in October 2012 and has been
created to operate a pan-European equities trading exchange and develop
exchange software. Aquis Exchange is set to revolutionize the European trading
landscape by its introduction of subscription pricing and innovative order
Aquis Exchange’s subscription pricing works on a similar model to that of the
telecoms industry and is designed to encourage participation from all
categories of professional trading firm. Users will be charged according to
the message traffic they generate, rather than a percentage of the value of
each stock that they trade. There will be different pricing bands to
accommodate varying degrees of usage. There will be a very low usage band for
small firms, that are traditionally disadvantaged by the pricing structure of
the incumbent exchanges and, at the other end of the pricing structure, will
be the top category where usage is unlimited (subject to a fair usage policy).
Currently, over 90% of European equity trading in each individual country
takes place on two exchanges. The aim of Aquis Exchange is to bring fresh
competition into the marketplace in order to lower the trading costs
maintained by the existing duopoly. The Company is led by former Chi-X Europe
chief executive Alasdair Haynes.
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.
Equinix Media Contacts
Melissa Neumann, +1 650-598-6098
GolinHarris for Equinix, Inc.
Liam Rose, +1 415-318-4380
Text 100 for Equinix (EMEA)
Rowland Harding, +44 (0)20 8846 0718
Aquis Media Contact
Belinda Keheyan, +44 (0) 20 3440 7747
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