Direct Edge Moves DR Facility to Chicago

New Jersey-based equity exchange operator Direct Edge will be relocating the disaster recovery (DR) facilities for its two exchanges, EDGA and EDGX, to Equinix's Chicago 4 (CH4) International Business Exchange data center.

The move, scheduled for Q4 of 2013, is intended to provide geographic diversity in case of a disruption to its primary facility at the Equinix NY4 data center in Secaucus, New Jersey. The current backup facility is at a datacenter in nearby Clifton, New Jersey.

"Not only is the Equinix CH4 site a world-class datacenter already used by many of our members, its location will complement Direct Edge's primary facility by providing geographic diversity in the event of broad unavailability of our New Jersey facilities," says Saro Jahani, Direct Edge CIO. "Equinix has been a valued partner of Direct Edge since before the launch of our exchanges in 2010, and we are honored to expand our relationship with them."

"Direct Edge has access to a rich ecosystem of trading participants and connectivity options inside its primary deployment at NY4, and with its expansion to CH4 market participants in Chicago will have access to Direct Edge locally," says John Knuff, general manager of global financial services at Equinix.