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: https://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
Drilling down into data redistribution
A series of podcasts focusing on data redistribution across the financial services industry.
Will return-to-office mandates fuel market data brain drain?
The IMD Wrap: Increasingly, market data systems can be operated completely remotely. So, why are firms insisting that data professionals return to the office?
Industry vets ally to launch full-service data consultancy
The new company combines the skills and experience of individuals and firms that each serve different needs of the data industry.
M&G Investments replaces research platform with Bloomberg’s RMS
The chief investment officer of the London-based asset manager explains why the firm opted to use Bloomberg’s RMS platform for its research capabilities.
The TNS–Radianz deal hints at underlying issues in trader voice
Waters Wrap: As part of its cost-cutting program, BT shipped its Radianz unit to TNS, but the deal didn’t include its Trading & Command trader voice property. Anthony finds that interesting.
Fixed income data continues to challenge capital markets firms
A range of challenges facing fixed income market participants
PostSig nets $4.1M seed funding to fuel expansion
The vendor will use the funding to solidify its position tracking data contracts and to expand to other contract management needs in the capital markets and beyond.
Wall Street hesitates on synthetic data as AI push gathers steam
Deutsche Bank and JP Morgan have differing opinions on the use of synthetic data to train LLMs.