New York Stock Exchange powers up critical London datacentre

NYSE Euronext, formed in 2006 from the merger of the New York Stock Exchange and the European exchange, has opened a datacentre in London that will become crucial to its business.

The European liquidity datacentre was described by the exchange as “state of the art”, offering low latency co-locational services at under 50 microseconds for internal messaging.

The centre is vital for NYSE Euronext’s business, because it will host all of the company’s European markets and matching engines from the fourth quarter of this year. In advance of the full switchover, 40 of the exchange’s customers are now installing equipment in the datacentre for testing purposes. A second tranche of businesses will install equipment from November.

Separately, the news comes a day after it was reported that about one third of NYSE handheld devices used by stock brokers in the New York Stock Exchange had failed to work during trading. The reason for the failure is not yet known.

The new London datacentre would offer robust connectivity as well as flexible configuration, according to NYSE Technologies, the exchange’s IT arm. Stanley Young, chief executive at the division, added that the datacentre would offer “unmatched reliability”.

The London installation marks the creation of the company’s third datacentre, adding to existing centres in New York and Paris. A fourth datacentre is being built in New Jersey for US matching.

In February, the stock exchange said it was installing 100-gigabit optical network connections in order to keep up with the demand for rapid messaging.

Copyright © 2010 IDG Communications, Inc.

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