BATS to Transition Primary Exchanges to NY5 Datacenter
The Direct Edge exchanges will remain at their current location at Equinix's NY4 data center in Secaucus, New Jersey, until Jan. 2015, when they will migrate to BATS' technology in Equinix's NY5 data center, also in Secaucus. In the second quarter of 2015, the BATS BZX and BYX Exchanges, and BATS Options, will move to NY5 from their current location at NJ2 in Weehawken, NJ.
BATS and Direct Edge completed their merger on Jan. 31.
"As we begin the integration of Direct Edge to the BATS technology, expanding our partnership with Equinix is a critical step for the expanded BATS Global Markets and, more importantly, our customers," says Chris Isaacson, EVP and global CIO of BATS. "Choosing Equinix as our primary data center provider, and leveraging its tremendous trading ecosystem in Secaucus, provides the type of continuity and cost efficiency which is paramount to these customers."
BATS will maintain a network point-of-presence (PoP) in NY4 and NJ2 indefinitely. This will allow current Direct Edge member connections in NY4 and BATS member connections in NJ2 to access all BATS/Direct Edge exchanges without interruption once they are moved to NY5. BATS will engineer connectivity from both NY4 and NY5 to all BATS/Direct Edge matching engines in NY5 to be equal latency for the foreseeable future.
The BATS and Direct Edge Exchanges secondary data centers will remain in Chicago at the CH4 data center with a PoP at CH1.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Data Management
As NYSE moves toward overnight trading, can one ATS keep its lead?
An innovative approach to market data has helped Blue Ocean ATS become a back-end success story. But now it must contend with industry giants angling to take a piece of its pie.
AI set to overhaul market data landscape by 2029, new study finds
A new report by Burton-Taylor says the intersection of advanced AI and market data has big implications for analytics, delivery, licensing, and more.
New Bloomberg study finds demand for election-related alt data
In a survey conducted with Coalition Greenwich, the data giant revealed a strong desire among asset managers, economists and analysts for more alternative data from the burgeoning prediction markets.
Waters Rankings 2024 winner’s interview: S&P Global Market Intelligence
S&P Global Market Intelligence won two categories in this year’s Waters Rankings: Best reporting system provider and Best enterprise data management system provider.
How ‘Bond gadgets’ make tackling data easier for regulators and traders
The IMD Wrap: Everyone loves the hype around AI, especially financial firms. And now, even regulators are getting in on the act. But first... “The name’s Bond; J-AI-mes Bond”
Waters Wavelength Ep. 293: Reference Data Drama
Tony and Reb discuss the Financial Data Transparency Act's proposed rules around identifiers and the industry reaction.
Industry not sold on FIGI mandate for US reg reporting
Banks’ and asset managers’ tortured relationship with Cusip numbers remains tortured, as they tell regulators to keep the taxonomy in play.
Waters Wavelength Ep. 292: Fencore’s James Crosby
James Crosby joins the podcast to talk about the evolution of buy side tech and data decisions.