Equinix announces £29m expansion to London data center

Equinix, Inc., the interconnection and data center company, has announced that its LD4 International Business Exchange data center at its London Slough campus will undergo a £29m expansion.

The new phase supports the continued growth of the world’s largest multi-asset class electronic trading ecosystem which consists of a collection of interconnected execution venues, trading platforms, market data vendors, service providers, buy-side firms, and sell-side firms.

The new expansion of the LD4 data center will enable customers to interconnect securely with more than 1,000 businesses in London, including capital markets participants, insurers and electronic payments firms, as well as over 200 network service providers and 275 cloud and IT service providers.

LD4 currently has 3,777 cabinets in approximately 10,000 sq ms of colocation area; the expansion will add an additional 1,075 cabinets in approximately 3,300 sq ms of colocation area.

With over 90 network service providers and access to a range of transatlantic cables, the London Slough campus is one of the busiest network nodes in the UK, and offers latency in the region of 30 milliseconds to New York and four milliseconds to Frankfurt.

James McKeone, AVP and head of strategic relationships and products for Nasdaq’s Global Information Services, said: “Nasdaq’s collaboration with Equinix allows us to better serve our customers and partners from inside one of the world’s most interconnected data centers.

“With our presence in LD4, we are able to better provide products like Nasdaq Basic and our Global Index Data Service (GIDS) to investors in Europe. Localised data centers mean better market access for all and improved market transparency.”

Russell Poole, managing director of Equinix UK, added: “It is estimated that the financial and professional services industry contributes £176bn to the UK economy annually. In order for London to retain its title as the financial center of the world, despite concerns over Brexit, businesses require the latest IT infrastructure to thrive.

“The extension of our LD4 data center will help financial market participants continue to interconnect on a global scale — enabling them to improve the way investors access and act on the information that drives the global economy.”

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