Nasdaq has made its US equity data feeds available to buy- and sell-side clients in the UK by linking up to a data centre based in London.
The move will see firms gain access to US market data from its source and the chance to consume data in a location more convenient to their operational base.
Equinix’s London International Business Exchange data centre (LD4) based in Slough will host the US equity data feeds, which can be securely consumed through direct interconnection.
Jeff Kimsey, head of global data products at Nasdaq, explained: “Buy-and sell-side clients based in the UK can now access our US data products directly from the exchange through the Equinix LD4 data centre.”
A new market study published by Equinix suggested London and New York will be the top markets for interconnection bandwidth in Europe and the US by 2020.
General manager of financial services at Equinix, John Knuff, added the financial services ecosystem in London and New York are at the heart of global trading.
“By providing additional market data to the London-based community via Equinix’s LD4 data centre, Nasdaq is providing participants with the richest information available to ensure increased business performance,” he said.