Interxion, a leading European operator of carrier-neutral data centre services, today announced an agreement with AlgoSpan and ALGO Technologies, to offer low latency connectivity and market data services from Interxion’s City of London data centre with immediate effect.
As part of the agreement, AlgoSpan and ALGO Technologies will be seeking to expand services across Interxion’s pan-European footprint of data centres, including Frankfurt, Stockholm, Zurich and Madrid.
The agreement will allow market participants located at Interxion’s data centres to benefit from AlgoSpan’s high-speed, high bandwidth shortest path connectivity to liquidity venues across London, Continental Europe and the US. AlgoSpan is the first provider to create an ultra-fast connection between Interxion’s City of London data centre and Slough, with an estimated one-way latency of below 270 microseconds. Interxion customers will also benefit from ALGO Technologies’ extremely low latency market data services offering raw, normalised and/or consolidated international market data. Customers can trial ALGO Technologies’ European market data feed at Interxion free of charge with immediate effect.
Commenting on the announcement, Hirander Misra, Chief Executive Officer of ALGO Technologies and co-founding Director of AlgoSpan said, “An important factor in our colocation decision was the unique City of London location of Interxion’s data centre, combined with their fast growing financial services customer community. Interxion’s extensive customer base, combined with our speed of connectivity and quality of market data, positions us well to help the latency sensitive trading community gain ultra-fast connectivity to trading venues and market data feeds.”
Anthony Foy, Group MD of Interxion added, “Our financial industry customers benefit not only from ultra-secure and ultra-reliable data centre services located in the heart of the markets. We provide choice and flexibility through a broad range of low latency connectivity options to liquidity venues, combined with the availability of a wide range of value-added services offered by the financial community located in our data centres. We are delighted that AlgoSpan and ALGO Technologies selected Interxion as their City of London hub, and that our clients will benefit from the services from another leading service provider.”