With the selection of Equinix as its primary data centre, Chi-X Australia’s participants will benefit from Equinix’s existing carrier and financial network connectivity infrastructure, offering participants low latency proximity hosting options.

In addition, with the opening of the new SY3 facility in mid 2011 to complement the existing SY1 and SY2 data centers, Equinix will be able to meet the demand of Australia’s growing number of financial market participants.

Chi-X Australia COO Peter Fowler said with the help of Equinix, Chi-X Australia will deliver the type of low latency, high performance, stable and resilient trading system that the Australian market demands.

"Equinix is a key component of Australia’s financial services ecosystem and should complement our expansion plans in this market well. The selection of Equinix’s facility as Chi-X Australia’s primary data centre represents a critical milestone, as we can now begin working with market participants to address their proximity hosting requirements and network connectivity needs," Fowler said.