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Colocation firm reports 4% revenue growth for Q4 2013

Posted by Jeffrey Mayer on February 21, 2014
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BATS Global Markets is going to move primary infrastructure that supports all of its exchange platforms into Equinix’s NY5 data center in Secaucus, New Jersey.
The market operator is consolidating infrastructure following completion of a merger with Direct Edge Holdings, a Jersey City, New Jersey-based stock exchange operator. Direct Edge’s two exchanges, EDGA and EDGX, currently live in Equinix’s NY4 data center in Secaucus but will migrate in January 2015, according to the data center provider.
Equinix CEO Stephen Smith said the deal was a “critical addition” to the ecosystem of about 150 exchange and execution platforms hosted within the Redwood City, California-based company’s data centers.
Securities trading and other financial services companies comprise a major part of Equinix’s client base, and its Secaucus data centers have become a major hub for players in this ecosystem.
In 2014, a major part of the company’s strategy and investment focus will be on capturing opportunity in the cloud computing space. “Cloud is creating massive disruptions in the IT supply chain,” Smith said during the company’s fourth-quarter 2013 earnings call.
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