Telx launches Financial Business Exchange

OCTOBER 20, 2009 -- Telx, one of the largest U.S. domestic interconnection and colocation data center operators, has announced creation of the Telx Financial Business Exchange (FBX), a new exchange devoted to providing proximity to the interconnected capital markets community.

OCTOBER 20, 2009 -- Telx, one of the largest U.S. domestic interconnection and colocation data center operators, has announced creation of the Telx Financial Business Exchange (FBX), a new exchange devoted to providing proximity to the interconnected capital markets community.

Telx FBX is designed to offer ultra low latency connectivity, proximity hosting, and direct market access to the global financial marketplace. Through its data centers at 111 8th Avenue in New York City; 100 Delawanna Avenue in Clifton, NJ; 350 East Cermak Road in downtown Chicago; and 200 Paul Street in San Francisco, Telx says it now provides financial service customers with the speed, resiliency, and security needed to excel in today's capital markets.

Telx has grown its FBX services significantly in the current year, adding 23 new financial services sector customers across all financial service business segments, including exchanges, market data and order management vendors, as well as brokerage and hedge fund firms. These new customers have further expanded their footprints and services with Telx more than 20 percent since entering the FBX ecosystem. These new Telx customers join an existing base of financial services sector companies that have grown with Telx more than 70 percent since the same time last year.

Telx has supported this growth by doubling the square footage available to support customers in its key financial services locations in the last three quarters and has assigned a dedicated engineering team to serve the capital markets community.

"Telx data centers are a natural solution to cost-effective and competitive ultra low latency connectivity," said Steve Bonanno, CTO at Direct Edge. "They offer proximity to market data and trading within the capital markets communities, with a single, ultra low latency connection that can be enabled in as little as 24 hours. Customers trust that their servers will be housed in a secure, reliable facility that offers microsecond connectivity for market data, trading and clearing."

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