NASDAQ OMX NLX Selects Equinix
New NASDAQ OMX NLX interest rate derivatives market to leverage mature financial services ecosystem
REDWOOD CITY, Calif. & LONDON--(BUSINESS WIRE)-- Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, has been selected by NASDAQ OMX NLX ("NLX") to host the new market from Equinix's London, Slough LD4/LD5 International Business Exchange™ (IBX®) data center campus. NLX will offer short-term and long-term interest rate euro- and sterling-based listed derivative products, pending Financial Services Authority approval.
Launching on Platform Equinix™ maximizes trading opportunities for the market both in the London market and internationally. The Equinix Slough data center campus puts NLX next to over 170 interconnected financial services customers, including a significant proportion of prospective trading participants. Internationally, Platform Equinix also provides access to the world's largest multi-asset financial ecosystem of more than 700 trading venues, market participants, specialized networks and technology service providers operating in the world's top 16 financial markets.
"NLX is designed to be an efficient and easily accessible market," said Charlotte Crosswell, chief executive officer, NLX. "We want to ensure that our market participants have seamless and reliable access to NLX via familiar and trusted suppliers. Equinix provides an established ecosystem with key market participants already connected. Those participants will be able to benefit from NLX's lower fees, ability to trade both ends of the curve on one market and the cross-margin efficiencies offered by all products at LCH.Clearnet."
"We are delighted to extend our relationship with NASDAQ OMX from the U.S. into Europe for this major new market," said Russell Poole, managing director, Equinix, UK. "Our depth of experience of exchange deployments around the world and the built-in advantages offered by our financial services ecosystem will help NLX to quickly establish itself in the fixed-income derivatives space."
Equinix, Inc. (NAS: EQIX) , connects more than 4,000 companies directly to their customers and partners inside the world's most networked data centers. Today, businesses leverage the Equinix interconnection platform in 31 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.
Equinix and IBX are registered trademarks of Equinix, Inc. International Business Exchange is a trademark of Equinix, Inc.
Melissa Neumann, +1 650-598-6098
GolinHarris for Equinix
Liam Rose, +1 (415) 318-4380
Camille Pomey, +44 (0)20 8846 0789
KEYWORDS: United Kingdom United States Europe North America California
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