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euNetworks Extends Ultra-low Latency Trading Platform to Four Equinix datacentres in Europe

06-19-2009 01:57 PM CET | Media & Telecommunications

Press release from: euNetworks

• Ultra-low latency Trading Connectivity service available in Amsterdam, Frankfurt, London and Paris facilities
• Delivered on-demand, in as little as 5 working days
• Contractual latency performance guarantee

London, UNITED KINGDOM – June 18, 2009 - euNetworks Group Limited (SGX: H23.SI), Europe’s foremost provider of mission-critical, high-performance networking solutions, has announced the availability of their new euTrade service to customers in Equinix’s Amsterdam (AM1), Frankfurt (FR2), London (LD4) and Paris (PA2) International Business Exchange™ (IBX®) datacentres. Equinix, Inc. (Nasdaq: EQIX) is a provider of global datacentre services. The addition of the euTrade service, which offers specialist ultra-low latency, high availability connectivity to Europe’s financial community, will provide Equinix customers with an additional choice of best-of-breed networks.

Located in Europe’s major financial markets, the four Equinix IBX datacentres where the euTrade service will be offered are carrier-neutral facilities, providing Equinix customers with access to the broadest possible selection of specialist low latency networking services. In addition, the highly resilient datacentres provide a full range of colocation, support and monitoring services.

“Increasing trading volumes, the global nature of banking and trading organisations plus the compliance demands set out by MiFID all make it absolutely imperative that financial services firms have access to the very best available connectivity services,” said Petrina Steele, vice president, business development at Equinix. “euNetworks’ new offering is an important addition to our IBX datacentres and its ultra-low latency, high availability network services will undoubtedly be attractive to our expanding list of European financial customers.”

euTrade provides guaranteed high performance, all-optical connectivity for financial firms, and includes a contractual ultra-low latency guarantee between London and Frankfurt. These contractual guarantees are possible because euNetworks owns a €1billion all-optical network over which it can assure end-to-end performance. Ideally suited to mission-critical trading applications, it is now available in all key European trading locations. Unlike some other services, euTrade can be provisioned in a matter of days. For example, the lead time to activate a new connection in Equinix’s Amsterdam, Frankfurt and London facilities is just five working days, and changes can be made in as little as 1 working day.

“Equinix’s datacentres are the ideal locations for our new euTrade service. Not only do they offer high availability colocation services, but Equinix is constantly investing in these facilities to ensure operations are always future-proofed,” said Barry Nolan, Chief Operating Officer of euNetworks. “The euTrade-Equinix proposition is very strong; both companies have a wealth of financial sector experience and are focused on delivering ultra-resilient – yet highly flexible – services.”

About euTrade
euTrade was developed to deliver high performance Ethernet connectivity specifically for mission critical next generation trading. euNetworks delivers on-demand connectivity between stock exchanges, alternative trading systems/venues and clearing houses in 15 metropolitan networks throughout Europe. We contractually guarantee ultra-low latency, high availability and fast provide performance. Our euTrade customers, in as little as one day, can increase bandwidth to match trading volume and growth, or add a new site.

About euNetworks
Our €1bn all-optical network delivers a new level of freedom and performance. We exclusively offer high-performance networking and specialise in solutions for high performance businesses in the Finance and Media sectors, and Carriers / Service Provider markets. We own 15 metropolitan networks throughout Europe, connected with a fully owned, high-capacity backbone. Because we own the network, we deliver superior performance that we contractually guarantee. Our Carrier Grade services are massively scalable and delivered on-demand, in days not weeks.

euNetworks Group Limited is headquartered in London and publicly listed on the Singapore Stock Exchange (SGX: H23.SI). euNetworks is initiator and a member of euro-one, a unique collaboration of fibre optic network providers to deliver infrastructure and next generation networking solutions connecting Eastern, Central, Western Europe and North America (www.euro-one.com). For further information please visit www.euNetworks.com.

euNetworks Press Contact:
Ms Cristene van Jaarsveld
Marketing Executive
Tel: +44 203 3178 8681
Email: marketing@euNetworks.com

15 Old Bailey
London, EC4M 7EF
United Kingdom

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