LONDON 5 April 2011 – INTERXION HOLDING NV, (NYSE: INXN), a leading European provider of carrier-neutral colocation data centre services, today announced an agreement with Quod Financial, a global provider of adaptive trading technology, to locate its servers in Interxion’s City of London data centre . This allows market participants to connect cost effectively to Quod Financial’s Smart Order Routing and Connectivity solutions at Interxion.
Quod Financial delivers adaptive electronic trading products that seek liquidity across both lit and dark venues, designed to adapt to dynamic trading conditions in real time.
Interxion’s Financial Hub is centrally located between London’s leading liquidity venues and hosts an extensive community of liquidity venues, market participants and service providers to the financial services sector. This allows market participants to interconnect with their counterparties within the data centre at low latency and offers the flexibility to be able to quickly and effectively change trading strategies when required.
As Mickaël Rouillère, CTO of Quod Financial, explains, "Interxion's City of London Financial Data Centre is the perfect location for our services. Situated in the heart of the financial markets, it offers the perfect venue for market participants to connect to all major liquidity venues. We were attracted by Interxion’s philosophy of enabling its customers to collaborate with complementary service providers. We are pleased to offer Interxion customers connectivity to our smart order routing and algorithmic trading products, confident that Interxion’s robust and fully scalable data centre services can fully support our ambitions now and in the future."
Greg McCulloch, MD of Interxion UK, adds, "Our strength lies in providing choice and flexibility through a broad range of connectivity options and access to a wide range of value-added services offered by the financial community located within our data centres. Due to the fragmentation of liquidity in the European markets, smart order routing is a critical trading requirement for the investment community, and we are pleased that our trading participants will be able to benefit from Quod Financial’s products and services."
Notes to Editors:
Interxion (NYSE: INXN) is a leading provider of carrier-neutral colocation data centre services in Europe, serving over 1,100 customers through 28 data centres in 11 European countries. Interxion's uniformly designed, energy-efficient data centres offer customers extensive security and uptime for their mission-critical applications. With connectivity provided by 350 carriers and ISPs and 18 European Internet exchanges across its footprint, Interxion has created content and connectivity hubs that foster growing customer communities of interest. For more information, please visit www.interxion.com
About Quod Financial
Quod Financial delivers adaptive trading technologies into the financial community. Its multi-asset adaptive technologies enable financial institutions to dynamically seek liquidity across transparent and non-transparent venues, reduce market impact, and build complex execution and trading strategies. Quod Financial services all segments of capital markets with distinct solutions for liquidity venues, exchanges, retail brokers, and buy and sell-side institutions. Its real-time execution decision-making capabilities enhance both control and transparency of the execution process. This results in increased
trading performance and execution quality.
Quod Financial’s Adaptive Execution Platform (AEP) and its application modules are non-disruptive, scalable, and highly resilient trading solutions, delivered as either implemented software or as a service. AEP functionalities include pre-trade risk management; order management and routing; direct market access; connectivity; post trade analytics and reporting. AEP powers four application modules.
These include Adaptive Smart Order Router (ASOR) for algorithmic trading and smart order routing, Adaptive Cross (ACross) for internalisation of liquidity, Buy-side Adaptive Smart Order Router (BASOR) for dark pool smart order routing and Adaptive Online Trader (AOLT) for a rich, web-based, retail order management solution. Quod Financial is headquartered in London with offices in Paris and New York. For more information, please visit www.quodfinancial.com, or contact firstname.lastname@example.org.
Tel: +44 (0)20 7375 7038
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