Clicky

Virtu Financial Selects DigiPlex to Host Low-Latency Electronic Trading Technology

Released: October 13, 2021 at 12:27 AM CDT|Updated: 50 minutes ago

STOCKHOLM, Oct 13, 2021 / PRNewswire / – DigiPlex, the Nordic market leader for scalable, sustainable and secure data centers, has won a leading financial company, Virtu finance (NASDAQ: VIRT), to his Stockholm Data center. Virtu uses cutting edge technology to deliver liquidity to global markets and innovative, transparent trading solutions to its clients. The low latency connectivity, the green references, and the strength of the co-location ecosystem within the DigiPlex facility were all key factors in Virtu’s decision.

Virtu is a leading global financial services company employing cutting edge technology to provide execution services, data, analytics and connectivity products to its clients, and to provide liquidity to global markets. The know-how and technology of the market structure are at the heart of Virtu’s services to its customers and the company introduces new hardware and updated algorithms to improve its offerings. A secure and robust digital infrastructure with low latency is essential for Virtu’s services, which makes the choice of the co-location partner crucial. The decision to move to DigiPlex in Stockholm will further strengthen Virtu Financials’ already significant business in the Nordic region and across Scandinavia Europe.

Working with a strong financial ecosystem in the DigiPlex data center is critical to optimizing Virtu’s intelligent order routing – a key benefit for Virtu’s Algos and Smart Order Routing customers. The 100% sustainable electricity, the connection with a strong financial ecosystem and key exchanges with extremely low latency, a high level of security, reliability and availability were all factors that DigiPlex chose as a long-term partner.

Comment on the decision to switch to DigiPlex, David Furlong, Chief Executive & Head of Trading at Virtu Financial, called; “The Nordic region has always been an important region for Virtu and our move to the DigiPlex data center consolidates our ongoing commitment to the region and our local partners. DigiPlex gives us exactly what we need to tackle the challenges of trading on both primary exchanges and MTFs that are geographically distant. ”

Fredrik Jansson, CCO at DigiPlex called; “We are honored to be able to welcome Virtu to our data center and to the family of DigiPlex customers. Our goal is to help our customers meet their customers’ needs by providing the best possible digital infrastructure in the most environmentally responsible way – High quality data center services will enable Virtu to continue its industry leading commercial products and services to its customers around the world to expand Europe. ”

For more information, please contact:

Andrew Smith, Investor & Media Relations, investor_relations@virtu.com

About DigiPlex

DigiPlex designs, builds and operates sustainable and secure data centers in Scandinavia with locations in Oslo, Stockholm and Copenhagen. DigiPlex is carrier-neutral and offers connectivity to all major cloud and network service providers. DigiPlex offers first-class services with the highest possible availability and is valued by public and private customers alike – including security-critical organizations such as government agencies and financial institutions with business-critical applications. DigiPlex’s eight data centers are 100% sustainable and the company has won multiple awards for its numerous energy-efficient innovations and sustainability initiatives. www.digiplex.com

About Virtu Financial, Inc.

Virtu is a leading global financial services company leveraging cutting edge technology to provide execution services, data, analytics and connectivity products to clients, and to provide liquidity to global markets. Virtu uses its global market making know-how and its infrastructure and offers a robust product suite with offers in execution, liquidity procurement, analysis and broker-neutral multi-dealer platforms in workflow technology. Virtu’s product offerings allow clients to trade in hundreds of trading venues in over 50 countries and across multiple asset classes, including global stocks, ETFs, forex, futures, fixed income and a variety of other commodities. In addition, Virtu’s integrated multi-asset analytics platform offers a range of pre-, intra- and post-trade services, data products and compliance tools that customers rely on to invest, trade and risk in global markets to manage. www.virtu.com

CONTACT:

Elisabeth Lennhede
Head of Communication
+46703322705
elisabeth.lennhede@digiplex.com

This information was provided to you by Cision http://news.cision.com

The following files are available for download:

Show original content:

SOURCE DigiPlex

The above press release is courtesy of PRNewswire. The views, opinions, and statements contained in the press release are not endorsed by, nor do they necessarily reflect those of Gray Media Group, Inc.

-