ACTIV Financial will be extending its presence into Tokyo and Toronto via space and services from Equinix (NASDAQ:EQIX, news, filings) in its TY2 and TR1 International Business Exchanges. That adds to ACTIV’s current selection of New York, Chicago, London, Frankfurt, and Singapore. The company specializes in low latency services for high frequency trading, and the opportunities are now expanding geographically. Equinix of course has been working hard to position itself for business like this, and is now seeing benefits beyond the original few cities that were the loci of the low latency frenzy.
This one of several recent mentions of Toronto as a key destination for low latency connectivity, one of which came from Hibernia Atlantic which already has a relationship with ACTIV Financial that is probably part of. I hadn’t really thought of Toronto as being on par financial-market-wise but where there is enough smoke there must be some fire somewhere. Tokyo on the other hand had to show up sooner or later in the portfolio of players like ACTIV. So where’s Hong Kong? Soon I’ll bet, but anywhere else? Anything down to Latin America? Sydney? India?
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