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.
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