Otkritie, a Russian financial services group, has chosen to locate servers at the City of London data centre operated by Interxion to provide DMA connectivity to Russia.
Otkritie Securities London (OSL), Otkritie’s UK-based subsidiary, launched DMA for foreign buy-side firms that want to trade on Russia’s MICEX exchange in July 2010.
OSL has since expanded market connectivity of its DMA offering to include the equity and derivatives markets of RTS and the London Stock Exchange’s International Order Book.
By establishing a presence with Interxion in London, buy- and sell-side firms already located in the data centre will be able to benefit from direct access to the Russian markets. Existing OSL clients will have another network provider to access Russian markets. As well as Interxion, Otkritie also has a presence at Dataline and Macomnet, two Moscow-based data centres.
“Locating our servers within Interxion’s City of London financial hub offers both Otkritie and our DMA clients a choice of low-latency connectivity to the markets in London, Moscow and other emerging high-frequency trading hubs, including Stockholm and Zurich,” said Tim Bevan, senior sales manager, DMA, Otkritie. “In addition, we gain access to Interxion’s continually expanding community of domestic and international buy- and sell-side firms located at the same facility.”