April 12, 2011
Chi-X Australia Selects Equinix as its Primary Data Centre
SYDNEY, AUSTRALIA — April 13, 2011 — Chi-X Australia, a wholly-owned subsidiary of alternative tradingvenue operator Chi-X Global Inc., and Equinix, Inc. (Nasdaq: EQIX), a provider of global data centre services, today announced that Chi-X Australia has selected Equinix’s facility as the primary data centre for its matching engine. The announcement comes as Chi-X Australia continues to work with industry groups and market participants in preparation for its fourth quarter launch, subject to final government approval.
With the selection of Equinix as its primary data centre, Chi-X Australia’s participants will benefit from Equinix’s existing carrier and financial network connectivity infrastructure, offering participants low latency proximity hosting options. In addition, with the opening of the new SY3 facility in mid 2011 to complement the existing SY1 and SY2 data centres, Equinix will be able to meet the demand of Australia’s growing number of financial market participants.
“With the help of Equinix, Chi-X Australia will deliver the type of low latency, high performance, stable and resilient trading system that the Australian market demands,” said Peter Fowler, COO of Chi-X Australia. “Equinix is a key component of Australia’s financial services ecosystem and should complement our expansion plans in this market well. The selection of Equinix’s facility as Chi-X Australia’s primary data centre represents a critical milestone, as we can now begin working with market participants to address their proximity hosting requirements and network connectivity needs.”
“The decision by Chi-X Australia to leverage our Equinix IBX facility as its primary data centre is a strong endorsement of our strategy to be the provider of choice for major capital market infrastructure and industry participants,” said David Wilkinson, senior director, Business Development of Equinix in Asia-Pacific. “We look forward to working with Chi-X Australia during this exciting period of growth.”
About Chi-X Australia
Chi-X Australia is a wholly-owned subsidiary of Chi-X Global Inc. Chi-X Australia plans to offer a valuable alternative to trading on ASX. Subject to final approval of its market licence application, Chi-X Australia will provide a low latency, high performance alternative market for trading Australia’s leading securities, as well as a trade reporting platform. The launch of Chi-X Australia will introduce innovative new orders types, the potential for lower costs and a more efficient way to trade.
About Chi-X® Global
Chi-X Global Inc. is driven to be an industry leader in operating trading venues and generating innovative products and services for the benefit of the financial markets and the global trading community. The company believes that competition from technology-driven markets increases overall market volumes and improves investor performance, providing benefits to all participants.
Chi-X Global is a subsidiary of electronic trading pioneer Instinet Incorporated, a wholly-owned subsidiary of Nomura Holdings, Inc. The Chi-X Global group includes Chi-X Canada, Chi-X Japan and Chi-East (a 50:50 joint venture with the Singapore Exchange) – all of which operate innovative market venues in their respective jurisdictions – as well as the Chi-Tech technology services unit. Chi-X Australia has received in-principle government approval and, subject to final regulatory approvals, plans to launch in the fourth quarter of 2011.
CHI-X and INSTINET are registered trademarks in jurisdictions around the world.
About Equinix in the Global Financial Markets
Equinix provides a neutral meeting place for the world’s leading financial market participants including trading venues, buy and sell side firms, market data providers, technology providers and financial networks. These customers locate servers and infrastructure within Equinix data centers to support mission critical financial services applications with highly reliable, low-latency connectivity. Learn more at:/industries/financial-exchange/
Equinix, Inc. (Nasdaq: EQIX) connects businesses with partners and customers around the world through a global platform of high performance data centers, containing dynamic ecosystems and the broadest choice of networks. More than 3,275 enterprises, cloud, digital content and financial companies connect to more than 625 network service providers and rely on Platform Equinix to grow their business, improve application performance and protect their vital digital assets. Equinix operates in 35 strategic markets across North America, Europe and Asia-Pacific and continually invests in expanding its platform to power customer growth. http://www.equinix.com
Forward Looking Statements
This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from expectations discussed in such forward-looking statements. Factors that might cause such differences include, but are not limited to, the challenges of acquiring, operating and constructing IBX centers and developing, deploying and delivering Equinix services; unanticipated costs or difficulties relating to the integration of companies we have acquired or will acquire into Equinix; a failure to receive significant revenue from customers in recently built out or acquired data centers; failure to complete any financing arrangements contemplated from time to time; competition from existing and new competitors; the ability to generate sufficient cash flow or otherwise obtain funds to repay new or outstanding indebtedness; the loss or decline in business from our key customers; and other risks described from time to time in Equinix’s filings with the Securities and Exchange Commission. In particular, see Equinix’s recent quarterly and annual reports filed with the Securities and Exchange Commission, copies of which are available upon request from Equinix. Equinix does not assume any obligation to update the forward-looking information contained in this press release.
Equinix and IBX are registered trademarks of Equinix, Inc. International Business Exchange is a trademark of Equinix, Inc.