Savvis Expands Euro Proximity Service
Savvis plans to establish connectivity to a range of new markets via its layer 2 Ethernet network during the end of 2008 and the beginning of 2009, including Nasdaq OMX Europe, Chi-X and Turquoise, as well as NYSE Euronext's European Secure Financial Transaction Infrastructure (SFTI).
The service is intended to reduce the cost of establishing connectivity to a rapidly growing range of European equity market operators. "Banks are feeling squeezed to launch connectivity for all of these new MTFs
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