Exclusive Online Only ContentFxall to Offer Platform Connectivity Via Equinix Data Centers
November 17, 2009
Foreign exchange platform provider FXall said today it will offer connectivity to its FX platform within the Equinix NY4 International Business Exchange (IBX) data center.
The service will be available to the community of Equinix Financial eXchange financial trading companies currently operating within the New Jersey campus, including buy-side and sell-side firms, which trade multiple asset classes. In addition, the deployment to Equinix will enable FXall to directly reach the rich aggregation of networks and other strategic partners operating within Equinix’s Financial eXchange to service FXall customers with optimized performance.
FXall's complete product coverage includes spot, swap, forward and NDF (non-deliverable forward) products for over 500 currency pairs available in one platform. More than 800 global institutions rely on FXall's trading and straight through processing solutions to support a multitude of trading strategies in all market conditions, according to the company.
FXall will offer its services to customers of Equinix Financial eXchange, a community of capital market participants, including execution venues, buy and sell side firms, market data providers, technology providers and financial networks, that locate operations within Equinix data centers in order to benefit from a low latency connectivity infrastructure.
“Our partnership with Equinix presents another way for active traders to gain an edge in the market and we look forward to expanding the connectivity options available to further grow this client segment through Equinix's extensive network of users," said Phil Weisberg, CEO of FXall.
John Knuff, director of business development at Equinix, noted that “beyond benefiting our current financial community customers, FXall’s presence will hopefully attract new customers to our NY4 center and serve as a spring board for future FXall growth initiatives.”
