Marex Spectron technology provides test facility in Interxion data centre for potential new LME clients
London, UK, 29 October, 2015 – INTERXION HOLDING NV (NYSE: INXN), a leading European provider of carrier and cloud-neutral colocation data centre services, today announced the launch of a free of charge test platform in its City of London data centre for firms looking to trade the London Metal Exchange (LME).
The testing capability is provided in conjunction with Marex Spectron, a leading global commodities broker and provider of market access and intelligence. The test environment enables firms considering trading the LME to connect to a test environment of the LME from Interxion’s City of London data centre campus – one of the main access points to the exchange.
The LME recently broadened access to its LMESelect trading platform, granting Category 3 and 4 members the ability to trade. These changes are designed to open up new trading opportunities and drive greater electronic volume. By offering a live testing environment with live tick data from Marex Spectron, Interxion and Marex Spectron are providing potential new LME clients with the opportunity to test the market before making an application to trade.
“Marex Spectron is a long-term partner of Interxion, and as the LME took the decision to become more accessible it was a natural progression to build this service in the interests of our customers and the LME,” comments Patrick Lastennet, Director, Financial Services, Interxion. “The LME is a volatile and hugely interesting market which offers significant opportunities for new clients. With low-latency access to the market provided from Interxion’s data centre, combined with raw market data sponsored by Marex Spectron, this zero-cost test solution is a compelling proposition for firms looking to trade on the LME.”
“Our partnership with Interxion offers a network and exchange access solution which is both fully tested and totally reliable,” explains Simon van den Born, Global Head of Metals, Marex Spectron. “Combine this with live market data and a tight trading front end, firms can benefit from a free of charge option of testing LME trading strategies, backed by two hugely reputable companies with market-leading expertise in this field.”
Connectivity for the new testing service will be provided by Colt, a leading provider of low latency connectivity for the financial services market.
Firms wishing to find out more about this free of charge test environment provided by Interxion and Marex Spectron should contact:
Richard Lindsay on +44 (0)207650 4091 – email@example.com.
James Chenery on +44 (0)20 7375 7087 - Jamesc@interxion.com
Interxion (NYSE: INXN) is a leading provider of carrier and cloud-neutral colocation data centre services in Europe, serving a wide range of customers through 40 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 over 500 connectivity providers, 20 European Internet exchanges, and most leading cloud and digital media platforms across its footprint, Interxion has created connectivity, cloud, content and finance hubs that foster growing customer communities of interest. For more information, please visit www.interxion.com.
About Marex Spectron Group Limited
Marex Spectron is a leading independent global commodities brokerage headquartered in London but with a global network spanning Asia and North America, and dominant market shares in many major Agricultural, Metal and Energy products. Our mission is to ensure that we offer our clients unequalled access to liquidity in global commodity markets, on-exchange or off-exchange. Our business is integrated, truly global and prudently managed.
We offer electronic and voice broking services, with state of the art networks to facilitate complex trading strategies. We offer insight and know-how, based on decades of experience, a vast market data set and the latest analytic tools. While commodity markets form the core of our business, we have responded to client demand for broader services and have active, successful, teams broking financial futures and options, and fixed income and equity securities. We also have a division that provides a full suite of services to trading firms who need to outsource infrastructure, support operations and the management of electronic trading solutions. We have a broad range of clients including commodity producers and consumers, banks, hedge funds, asset managers, brokers, commodity trading advisors and professional traders. We are members of the London Metal Exchange (LME; where we are a Ring Dealer), the CME Group exchanges, ICE Group exchanges and many others. We are regulated in the UK by the FCA, in the US by the NFA and CFTC, in Hong Kong by the SFC, and in Singapore by the MAS.