LONDON, 30th June 2009 – Interxion, a leading European operator of carrier-neutral data centres, today announced an agreement with new pan-European trading venue Quote MTF to host their platform at Interxion’s City of London Financial Hub. The new multilateral trading facility (MTF), launching on 4th September this year, will provide traders with a low-cost, ultra-low-latency one-stop shop for European equities. By colocating at the Interxion data centre, capital markets participants can benefit from ultra-low-latency access to Quote MTF, as well as a broad choice of connectivity to the financial markets community located at and around the Interxion data centre.
Quote MTF employs a value-added business model in order to stand out in the highly competitive European market. Therefore, the company uses a no-frills business model, with back-office operations in Hungary to support competitive charges, and brings high levels of liquidity to the launch thanks to, among others, parent company BRMS Holding’s SwiftTrade, which has over 4,500 day-traders globally. Working with Interxion, Quote MTF will provide extremely flexible connectivity options for traders, as well as low latency and fastest hardware, enabling them to provide order flow processing at highest speed.
Equipped space has been reserved for capital markets participants as part of the recent London City data centre expansion, creating a dedicated low-latency Financial Hub, which already houses an array of exchanges, broker-dealers, clearing houses, proprietary trading groups, hedge funds, and intermediaries. In addition, high-density power configurations from 5 kW up to 30 kW are available as standard, with industry-leading service level agreements and reliability and 24x7 secure access to equipment.
“Interxion’s strategic location in the financial district, their impressive data centre specifications and experience, as well as their capital markets-focused proximity-hosting offering, make them the ideal infrastructure partner for our launch,” said Tamas Madlena, CEO of Quote MTF. “In addition their carrier-neutrality is a big plus.”
“Our agreement will enable Quote MTF to offer traders the fastest, most cost-effective service possible, as well as a data centre environment in which they can make low-latency connections and improve performance, reliability and cost-effectiveness,” said Anthony Foy, Interxion Group MD. “As black box and other algorithmic trading become the norm in equities trading, our proximity-hosting offering is becoming critical to the business propositions of our capital markets partners.”
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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. For more information please visit www.interxion.com