egID Readies Datacenter for Egyptian Exchange Move

egID is based in New Cairo, Eqypt

Currently, egID has 18 racks available in its datacenter but will add 50 racks by the end of this year - 14 of which will be taken by the Egyptian Exchange - and another 180 in the first quarter of 2015, to meet demand from Egyptian firms for co-location services following the move, says Youssef Amin, head of market data at egID.

At the beginning of next year, egID will start to approach banks with its co-location offering, though the provider is already holding discussions with a number of larg

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