Interactive Data's Swedish POP 18 January 2011London Reporter: Steven Lafferty
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Interxion, has announced that Interactive Data 7ticks, part of Interactive Data Corporation, has extended the footprint of its real-time services by locating a Point of Presence (POP) in Interxion’s Stockholm data centre. The POP offers customers low-latency connectivity and proximity hosting both to the Stockholm-based exchanges and between the London and Stockholm financial centres.
Market participants seeking to capitalise on the emerging trading opportunities in the Nordic markets can now access a solution for their trading infrastructure by colocating at Interxion, using Interactive Data’s wide-range of real-time global market data provided via its low-latency, consolidated market data feed, PlusFeedSM.
Interactive Data 7ticks, a global provider of managed ultra-low latency services designed to help facilitate electronic trading, now has a POP in both Interxion’s City of London and Stockholm data centres, enabling market participants in these financial hubs to access the Interactive Data 7ticks’ network.
Rob Lane, Markets Manager, Electronic Trading at Interactive Data said, “The Nordic market presents a significant opportunity for the international investment and trading community, and Interactive Data has long been providing global market data to electronic traders in the region. Our decision to expand our presence to Interxion’s Stockholm data centre allows us to increase the breadth of services we provide to the Scandinavian community and international investors interested in the region. It also provides Interxion’s clients with the choice of a consolidated data feed or access to the Interactive Data 7ticks’ network.”
Peder Bank, Managing Director, Interxion Nordics commented, “We are witnessing increasing demand for colocation and proximity hosting in order to access the Nordic markets. Key to capitalising on the emerging Nordic trading opportunities is the need for low-latency access to market data feeds and data analytics delivered via the lowest possible access between the market and its community members, many of whom are located in London. We are delighted that Interactive Data 7ticks has extended its footprint at Interxion from London to Stockholm and believe this will deliver considerable benefit to our community members, and Interactive Data’s end customers will benefit from the opportunities on offer by the communities within our data centres.”
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