egID Readies Datacenter for Egyptian Exchange Move

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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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