BATS launches Hotspot European FX Matching Engine from Equinix London

Hotspot, a leading institutional foreign exchange (FX) market, owned and operated by BATS Global Markets (BATS), has launched its first Europe-based matching engine from Equinix’s London Slough data center campus.

10 years ago Posted in Cloud + MS Colocation/Hosting

Equinix is BATS primary data center provider for all of the BATS exchange platforms, including the Direct Edge Exchanges—EDGA and EDGX – and has an existing deployment at Equinix's NY4 data center in Secaucus, N.J and LD4 in London. By leveraging Equinix’s mature electronic trading ecosystem in Secaucus and in London, BATS is able to provide the type of continuity and cost efficiency which is required by its customers.

Through the recent strategic acquisition of Hotspot, BATS, already the operator of Europe’s largest equities exchange deployed at Equinix’s London Slough campus, is extending its colocation and interconnection relationship with Equinix to deploy Hotspot’s new London-based FX matching engine at the Equinix data center campus.

Equinix is home to the largest collection of exchanges and trading platforms, top market data vendors, a myriad of service providers, and hundreds of buy-side and sell-side firms. Equinix’s London Slough campus houses over 200+ financial services firms and provides Europe’s largest FX electronic trading ecosystem. The deployment of Hotspot within this digital FX community will facilitate European market participants’ direct, low latency access to Hotspot’s FX matching engine.

Equinix’s flagship UK data centers were built to meet the escalating demand for interconnected global financial markets. As one of the UK’s fastest-growing data center campuses, available capacity was significantly expanded following the recent opening of the $79 million LD6 facility. Equinix’s London Slough campus has broad appeal as an electronic trading center, with a quarter of European equities trades originating at the site and offers latency in the region of 30 milliseconds to New York and 4 milliseconds to Frankfurt. It also houses the London Internet Exchange (LINX), one of the world's largest Internet Exchanges.

BATS launches Hotspot European FX Matching Engine from Equinix London

Hotspot, a leading institutional foreign exchange (FX) market, owned and operated by BATS Global Markets (BATS), has launched its first Europe-based matching engine from Equinix’s London Slough data center campus.

BCN and Zadara unite to launch Africa's first neutral AI factory

OVHcloud bolsters German presence with new Berlin 3-AZ region

TCS and SAP join forces for a five-year cloud and generative AI transformation

Wasabi Technologies revamps EMEA Partner Programme for enhanced cloud adoption

Node4 and Nerdio partner to enhance Azure virtual desktop services

OVHcloud launches Europe's first Quantum-as-a-Service platform

VAST Data partners with Google Cloud to enable enterprise AI at scale across hybrid cloud environments

Datadog elevates cloud storage management with new solution