NYSE Euronext has opened European liquidity data center, with the first phase of customers installing equipment in readiness for the anticipated migration of all NYSE European matching engines in the fourth quarter of 2010.
The facility will house all of NYSE Euronext’s European markets and also includes a co-location service for trading firms.
The initial co-location phase comprises more than 40 high-frequency trading firms scheduled for installation and testing prior to the migration of the main matching engines for the NYSE Euronext, NYSE Liffe, NYSE Arca Europe and Smartpool markets, which is due for completion by the fourth quarter of 2010.
Dominique Cerutti, president and deputy CEO of NYSE Euronext, said: “The facility has been designed from the ground up to facilitate the free flow of global liquidity and enhance our customers’ access to markets.”
Stanley Young, CEO of NYSE Technologies, said: “Our European data center will provide a unique blend of cutting-edge technology and value-added services to all kinds of market participants. We have built the facility to the highest standards of performance and we are looking forward to demonstrating its speed, connectivity and capacity, starting immediately with this first phase of the roll-out of our co-location offering.”