London Stock Exchange Group [“LSEG”] announced today that non-trading market participants, including vendors and service providers, can take their own cabinets within the Exchange’s Hosting facility. The move, undertaken after detailed consultation with market participants, represents a significant strategic step in the evolution of the Exchange Hosting service, paving the way for the creation of a unique community of both trading firms and solution providers in the Exchange’s data centre.
Antoine Shagoury, Chief Information Officer, London Stock Exchange Group, said: “This is another significant step forward in our efforts to enhance the Exchange Hosting service. Our ever expanding community of trading customers will directly benefit from this vendor diversification and the innovative, value added services and products these new non–trading participants will bring to our co-location environment.”
Exchange Hosting, which was formally launched in September 2009, provides high frequency algorithmic trading firms with microsecond access to any of the London Stock Exchange Group’s markets, allowing firms to physically locate their servers as close as possible to the Exchange’s matching engines.
To accommodate the expansion of the Exchange Hosting service to non-trading participants and continued strong demand for colocation services, the Exchange will release additional cabinet space in its central London data centre at the end of November.
Non-trading participants will be able to use the Exchange Hosting space to offer a range of services, including:
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