Equinix, Nasdaq close Atlantic equity data gap with London data center
Move comes as Europe and the US are forecasted to be the top markets for Interconnection Bandwidth in Europe and the US by 2020.
Nasdaq now offers Nasdaq TotalView and Nasdaq Basic from Equinix’s LD4 facility in Slough.
Nasdaq Basic combines Nasdaq Best Bid and Offer (QBBO), with either Nasdaq Last Sale (NLS), or Nasdaq Last Sale Plus (NLS Plus).
According to the Global Interconnection Index, London and New York are projected to be the top markets for Interconnection Bandwidth in Europe and the US by 2020.
Interconnection Bandwidth is defined as the total capacity provisioned to privately and directly exchange traffic with a diverse set of counterparties and providers at distributed IT exchange points hosted inside carrier neutral colocation data centers.
The study also forecasts the banking and insurance segment will be the largest consumer of Interconnection Bandwidth, as digitisation is forcing this industry to support new customer engagement models.
Jeff Kimsey, Head of Global Data Products, Nasdaq, said: “We continue to focus on working closely with our clients around the world in order to help them gain secure, efficient access to our markets.
“Buy-and sell-side clients based in the U.K. can now access our U.S. data products directly from the exchange through the Equinix LD4 data center.”
John Knuff, general manager, financial services, Equinix, said: “The financial services ecosystem in London and New York are at the heart of global trading. By providing additional market data to the London-based community via Equinix’s LD4 data centre, Nasdaq is providing participants with the richest information available to ensure increased business performance.
“This data can be easily and securely consumed through direct interconnection for rapid and secure connectivity.”