- ASX taps into L...
ASX taps into London’s financial community with Interxion
LONDON – 3rd October 2013 – INTERXION HOLDING NV (NYSE: INXN), a leading European provider of carrier and-cloud-neutral colocation data centre services, announced today that the Australian Securities Exchange (ASX) has chosen to host their ASX Net Global Point of Presence (PoP) at Interxion’s City of London data centre. ASX Net Global will provide London-and European based trading firms with cross connect access to all of ASX’s derivatives and equity products, particularly to its flagship interest rate futures.
ASX is one of the world’s top-10 listed exchange groups measured by market capitalisation, and its interest rate futures market is the largest in Asia and the fourth largest in the world.
Trading firms are increasingly shifting to derivatives markets across the globe in search of investment returns as volumes on equities remain low. Consequently, companies are seeking to extend their reach across these asset classes, particularly in geographies beyond Europe such as Australia, which offers an attractive yield curve and alternative trading opportunities. With ASX Net Global colocated in Interxion’s London data centre, firms can set up direct connectivity within days, ensuring they have the fastest and most cost effective access to ASX from London.
By implementing an ASX Net Global at Interxion, ASX is able to tap into the data centre’s thriving financial community, consisting of over 100 capital markets participants including investment firms, high-frequency trading firms, hedge funds, brokers and service providers.
“Interxion’s City of London DC has long been the home of London’s financial community and offers us a readymade marketplace for our services,” commented David Raper, ASX’s General Manager, Trading Services. “With European firms increasingly looking at Australian derivatives products for investment and risk management, it’s very beneficial to be able to offer them direct connectivity to ASX’s world-class offerings via our ASX Net Global PoP in Interxion. With ASX Net Global our customers can connect to us directly either within Interxion’s community or via our European network into our PoP at Interxion.”
Doug Loewe, UK Managing Director, Interxion added: “This announcement further reinforces our position as the London data centre of choice for the global derivatives trading community. The products and services offered by ASX will be a great addition to our financial hub adding to already more than 10 Exchange access points. ASX will be able to take advantage of a thriving capital markets community and service providers all one cross connect away of each other.
Interxion (NYSE: INXN) is a leading provider of carrier-neutral colocation data centre services in Europe, serving a wide range of customers through 34 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 over 450 carriers and ISPs and 19 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
ASX Group (ASX) is one of the world’s leading exchange groups.
- We operate a fully integrated exchange across multiple asset classes – equities, fixed income and derivatives
- We service a wide range of retail, institutional and corporate customers, directly and through intermediaries
- We offer a broad range of services that allow our customers to invest, trade and manage risk. This includes listings, trading, post-trade services, and technical and information services
- We operate infrastructure that supports the systemic stability of Australia’s financial markets and is critical for the efficient functioning of the nation’s economy, economic growth and position in the Asia Pacific region
More information about ASX can be found at www.asxgroup.com.au
Tel: +44 (0)20 7375 7000