Knight Capital (NITE) Selects Equinix (EQIX) to Expand Electronic Access and Trading

August 25, 2008 8:17 AM EDT

Equinix, Inc. (Nasdaq: EQIX) announced that Knight Capital Group, Inc. (Nasdaq: NITE) has established operations at Equinix's New York-4 (NY4) Internet Business Exchange(TM) (IBX(R)) data center. The move will enable Knight, a leading provider of electronic and voice access to the capital markets, to take advantage of Equinix's best-of-breed colocation services to provide an additional low latency access node for clients of Knight's expanding portfolio of advanced market access and trade execution services across multiple asset classes.

Located near Equinix's existing NY2 center in Secaucus, NJ, the new NY4 center was opened in Q4 2007 after a multi-million dollar investment by Equinix in financial-grade quality and redundancy, as well as industry leading security, environmental control and power availability. The center is Equinix's largest in the U.S. to date at 340,000 square feet - the size of five football fields.[SM]


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EQIX 35.14

-1.66 -4.51%
Volume: 2,558,980
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NITE 14.08

+0.80 +6.02%
Volume: 2,299,817
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