17.12.2007 14:15:00
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ISE Announces Colocation Service
The International Securities Exchange (NYSE: ISE) today announced the
launch of a colocation service, providing ultra low-latency connectivity
to ISE’s options and stock exchanges. With the
colocation service, ISE member firms will be able to place their trading
hardware in the same building as ISE’s data
center, which will facilitate network transit times of less than 200
microseconds.
"Through this colocation offering, there is
now an ultra low-latency solution for market makers and high-frequency
traders who conduct trading strategies where execution speeds are
critical. This latest service underscores our ongoing commitment to
ensure that our members have a range of customized alternatives to
support their specific connectivity requirements,”
said Daniel Friel, ISE’s Chief Information
Officer.
Quality Technology Services (QualityTech), the facilities management
firm at ISE’s data center, is offering the
colocation service in conjunction with ISE. QualityTech will connect
members to the ISE servers located in the same building via a secure and
certified cross-connect. They will also offer a range of related
services including space, power, and a managed technology environment.
To support its members in determining the appropriate connectivity
solution for their particular trading needs, ISE offers a consultative
service and referrals to the best and most flexible technology services
and vendors. Information about all of ISE’s
connectivity options is available at www.ise.com/connect.
ISE Background
International Securities Exchange Holdings, Inc. (NYSE: ISE), through
its subsidiaries, operates a family of innovative securities markets.
Founded on the principle that technology and competition create better,
more efficient markets for investors, ISE consists of an options
exchange, a stock exchange, an alternative markets platform, and a
market data business. ISE continually enhances its trading systems and
develops new products to provide investors with the best marketplace and
investment tools to trade smarter.
ISE developed a unique market structure for advanced screen-based
trading systems and in May 2000 launched the first fully electronic US
options exchange. Currently, ISE operates the world’s
largest equity options exchange. ISE offers index options, including a
portfolio of proprietary index products, and enhanced market data
products for sophisticated investors. ISE FX OptionsSM
launched in the second quarter of 2007.
ISE Stock Exchange, launched in September 2006, is a completely
electronic marketplace and the only dual structure platform that
integrates a dark pool, MidPoint MatchSM, with
a fully displayed stock market. Midpoint Match is a proprietary,
non-displayed market that trades equity securities at the midpoint
between the National Best Bid and Offer (NBBO).
ISE’s alternative markets business currently
consists of an events market trading platform known as Longitude.
Longitude’s patented and proprietary
technology provides a unique parimutuel structure for derivatives
auctions which results in greater trading and pricing flexibility for
market participants.
For more information about ISE, visit www.ise.com.
About Quality Technology Services
Quality Technology Services (QualityTech), a leading provider of Managed
Services, Data Center facilities, and Professional Services to
businesses, manages and operates more than 2 million square feet of data
centers with a market value of over half-a-billion dollars. Services are
delivered via a national footprint of secure state-of-the-art data
centers, a high-performance backbone and content delivery network, and
an ITIL-certified world-class services organization. QualityTech
provides enterprises the ability to deploy, manage and scale their
mission-critical IT operations for optimum performance and
cost-efficiency. For more information about Quality Technology Services,
please visit www.qualitytech.com
or call toll free 866.210.8238.
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