Equinix sees continued interest in Secaucus data centers

Markets Media names Equinix "Best Colocation Provider" in their Markets Choice Awards

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Mar 04, 2014, 06:47 ET

REDWOOD CITY, Calif., March 4, 2014 /PRNewswire/ -- In today's Wall Street Journal, reporter Karen Keller examines the Secaucus, N.J. data center boom in "Secaucus Makes Data-Center Hookup." In her article Keller identifies data center proximity to big business in New York City as a primary catalyst driving interest in Secaucus and we couldn't agree more, particularly for the financial services industry.

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Equinix's NY5 data center in Secaucus, N.J. (PRNewsFoto/Equinix, Inc.) (PRNewsFoto/EQUINIX, INC.)

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Visit the full Equinix Interconnections blog post for a deeper discussion, research links and insights on this boom here: http://blog.equinix.com/2014/03/equinix-sees-continued-interest-in-secaucus-data-centers/

As the largest data center provider in the New York metro area, Equinix is home to many exchanges and trading platforms, top market data vendors, a myriad of service providers and hundreds of buy-side and sell-side firms. Equinix's New York-area data centers serve some of the world's largest companies, including high concentrations of financial services companies to provide access to more than 700 businesses and 135 network service providers. With three data centers in Secaucus (NY2, NY4 and NY5) the company provides colocation and low-latency connectivity to DirectEdge, CBOE, ICAP, Knight Capital, ISE and BOX to name a few. These customers understand the power of being part of Equinix's financial services ecosystem in New York and how it can maximize their data center investment.

Just last week, Equinix announced that BATS Global Markets selected its Secaucus data center for BATS and Direct Edge Exchanges, making Equinix its primary data center provider for all of the BATS exchange platforms, including the Direct Edge Exchanges—EDGA and EDGX. BATS and Direct Edge completed their merger Jan. 31. As a result, the Direct Edge Exchanges—EDGA and EDGX—will remain at their current location at Equinix's NY4 data center in Secaucus, N.J., until January 2015, when they will migrate to Equinix's NY5 data center. In the second quarter of 2015, the BATS BZX and BYX Exchanges, and BATS Options, will move to NY5 from their current location of NJ2 in Weehawken, N.J.

In today's highly networked world, financial services companies such as BATS need to position their systems for maximum connectivity, performance and agility in order to keep ahead of fast moving trends. With the global network of Equinix data centers, BATS can achieve proximity hosting requirements while tapping into a financial services ecosystem with all the major market players.

Equinix's John Knuff says magnet customers such as BATS, NYSE and CBOE help to further build out the depth and diversity of its participants, which is critical to the health of the global electronic trading community. NYSE Technologies moved into Equinix's NY5 data center in Secaucus citing connectivity to Secure Financial Transaction Infrastructure® (SFTI®) as a key reason. The company operates the SFTI access center, which offers customers in the facility reduced connectivity costs, enhanced performance and simplified trading architecture. In November NYSE was bought by ICE and it was announced that they will maintain SFTI, but not NYSE Technologies.

Additional Resources

The World's New Financial Center [whitepaper]
Equinix financial ecosystem [brochure]

About Equinix

Equinix, Inc. (Nasdaq: EQIX), connects more than 4,500 companies directly to their customers and partners inside the world's most networked data centers. Today, businesses leverage the Equinix interconnection platform in 32 strategic markets across the Americas, EMEA and Asia-Pacific. www.equinix.com.

Forward Looking Statements

This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from expectations discussed in such forward-looking statements. Factors that might cause such differences include, but are not limited to, the challenges of acquiring, operating and constructing IBX centers and developing, deploying and delivering Equinix services; unanticipated costs or difficulties relating to the integration of companies we have acquired or will acquire into Equinix; a failure to receive significant revenue from customers in recently built out or acquired data centers; failure to complete any financing arrangements contemplated from time to time; competition from existing and new competitors; the ability to generate sufficient cash flow or otherwise obtain funds to repay new or outstanding indebtedness; the loss or decline in business from our key customers; and other risks described from time to time in Equinix's filings with the Securities and Exchange Commission. In particular, see Equinix's recent quarterly and annual reports filed with the Securities and Exchange Commission, copies of which are available upon request from Equinix. Equinix does not assume any obligation to update the forward-looking information contained in this press release.

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SOURCE Equinix, Inc.