Nasdaq Hosts New Euro Market with Equinix
![Equinix's new datacentre in Slough can hold 5600 cabinets Equinix's new datacentre in Slough can hold 5600 cabinets](/sites/default/files/styles/landscape_750_463/public/import/IMG/826/156826/equinix-datacentre3419-580x358.jpg.webp?itok=Y_Dp5fYw)
Hosting within the campus allows NLX practically co-located access to over 170 market participants. Additionally, the venue gains access to Platform Equinix, the connectivity network from the infrastructure suppliers that links to 700 entities such as exchanges, brokers and buy-side firms.
NLX will initially offer short and long-term interest rate listed derivatives, denominated in EUR and GBP, and is awaiting approval from the UK Financial Services Authority.
"NLX is designed to be an efficient and easily accessible market," says Charlotte Crosswell, CEO at NLX. "We want to ensure that our market participants have seamless and reliable access to NLX via familiar and trusted suppliers. Equinix provides an established ecosystem with key market participants already connected. Those participants will be able to benefit from NLX's lower fees, ability to trade both ends of the curve on one market and the cross-margin efficiencies offered by all products at LCH.Clearnet."
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