RTS Expands Operations in Hong Kong with Platform Equinix
HONG KONG, Oct. 11, 2012 /PRNewswire/ -- Equinix (EQIX) , Inc. (NASDAQ: EQIX), the global interconnection and data center company, today announced that RTS Realtime Systems Group , a leading global trading solutions provider, has expanded its operations in Asia by deploying in Equinix's Hong Kong International Business ExchangeTM (IBX®) data center. RTS' extended presence in Hong Kong enables the company to further support low latency trading across asset classes on major exchanges throughout the Asia Pacific region. RTS is already leveraging Platform Equinix TM in Chicago, Frankfurt and New York.
Already live, the deployment in Equinix's Hong Kong IBX data center will serve as RTS' third gateway from and to trading communities in the APAC region. It will be linked to RTS' global network, which already provides proximity hosting and direct market access (DMA) to more than 65 exchanges globally.
RTS' clients use the RTS network for high-speed, low latency access to multiple asset classes in fully managed environments. With access to the rich financial ecosystem inside Equinix's data centers, RTS' clients can be located in proximity to major exchanges across the globe, while improving risk management and decreasing costs. In Hong Kong, clients will be able to directly access the Hong Kong Mercantile Exchange (HKMEx).
Andy Woodhouse, RTS managing director, Asia Pacific, said: "This deployment is yet another exciting development in our rapid rise in Asia Pacific. Hong Kong is strategically important for our growth plans. It is the main gateway into and out of China and a major financial hub. Physical connectivity is key, and through the deployment in Equinix's data center in Hong Kong, we are able to facilitate trading on both the HKMEx and the Hong Kong Exchange, but more importantly on markets all over the world."
David Wilkinson, senior director, financial services for Equinix, said: "We are thrilled to further extend our relationship with RTS and help facilitate the company's growth in the Asia Pacific region. RTS' continual expansion with Equinix is a strong testimony to our unparalleled global footprint, covering all 16 of the financial centers in the world and best-in-class connectivity, reliability and security. With more and more global traders flocking to colocate in Asia Pacific, Hong Kong, like Singapore and Tokyo, is expected to catch up with Frankfurt as the place to be for automated traders in the next three years. RTS' presence with Equinix in Hong Kong provides the necessary connectivity infrastructure to minimize latency and enable the fastest access to markets, which supports RTS' high-frequency and robust algorithmic trading solutions."
Asia has become an engine for wealth creation and growth. In the past three years, five of the fastest growing economies were in Asia including China, Korea, India, Indonesia and Australia. The International Monetary Fund (IMF) forecasts that developing Asia will continue to act as the global growth generator in 2012 to 2013, persistently growing at five to six percent annually on average(1). Given its global footprint and consistent service level, Equinix allows RTS to quickly and easily expand to take advantage of business opportunities in the region. RTS will also gain direct access to Equinix's growing digital ecosystems of financial services participants and cloud, network and content providers using Platform Equinix.
About RTS Realtime Systems Group
About RTS Realtime Systems Group RTS (http://www.rtsgroup.net) delivers high-performance, end-to-end technology products and services across asset classes and continents to elite financial institutions and commodity trading houses. The firm is a global leader in robust electronic trading software, connectivity, hosting, matching and risk management solutions. With standardized low latency connectivity gateways to 135+ exchanges and execution venues worldwide, the firm provides proximity hosting and co-location services to 65+ venues via its global data center network. The RTS infrastructure enables clients to deploy sophisticated trading strategies quickly, securely and cost-effectively throughout multiple trading desks and sites. RTS has offices in Amsterdam, Chicago, Frankfurt, Hong Kong, London, Mumbai, New York, Pune, Singapore and Sydney.
Equinix, Inc., connects more than 4,000 companies directly to their customers and partners inside the world's most networked data centers. Today, businesses leverage the Equinix interconnection platform in 38 strategic markets across the Americas, EMEA and Asia-Pacific. 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.
(1) IMF, World Economic Outlook, April 2012
SOURCE RTS Realtime Systems Group; Equinix