Virtu joins DigiPlex’s Stockholm data center to enhance Nordic business
The DigiPlex data center will help optimize Virtu’s intelligent order routing, a key benefit to Virtu’s Algos and Smart Order Routing customers.
STOCKHOLM, Oct. 13, 2021 /PRNewswire/ — DigiPlex, the Nordic leader for scalable, sustainable and secure data centers, has attracted a leading financial firm,
Virtu Financial has entered DigiPlex’s Stockholm data center as the liquidity provider was on a quest for low-latency connectivity and green credentials.
The strength of the co-located ecosystem within the DigiPlex facility was also key to Virtu’s decision to partner with DigiPlex.
Virtu provides execution services, data, analytics and connectivity products to its clients and delivers liquidity to the global markets.
Secure and fast connectivity is critical to such a mission. Market-structure expertise and technology lie at the heart of Virtu’s service and the firm is adding new hardware and updated algorithms.
Moving to the DigiPlex Stockholm site will further enhance Virtu Financials’ already significant business in the Nordic region and across Europe.
The DigiPlex data center will help optimize Virtu’s intelligent order routing, a key benefit to Virtu’s Algos and Smart Order Routing customers.
The Stockholm data center uses 100% sustainable electricity, features ultra-low latency connection to a strong financial ecosystem and key exchanges, high levels of assurance on security, resilience and uptime.
David Furlong, Chief Executive & Head of Trading at Virtu Financial, said: “The Nordic region has always been an important region for Virtu and our move to be co-located in DigiPlex datacenter cements our continued commitment to the region and our local partners. DigiPlex gives us exactly what we need to address the challenges of trading on both Primary exchanges and MTFs which are geographically distant from each other.”
Fredrik Jansson, CCO at DigiPlex, commented: “We are honored to welcome Virtu to our data center and to the family of DigiPlex customers. Our aim is to help our customers meet the needs of their customers by providing the best possible digital infrastructure in the most environmentally sustainable manner. Our ultra-high-quality data centre services will enable Virtu to continue to expand its industry leading trading products and services to its customers across Europe.”
Virtu provides a robust product suite including offerings in execution, liquidity sourcing, analytics and broker-neutral, multi-dealer platforms in workflow technology.
Virtu’s multi asset offering includes global equities, ETFs, foreign exchange, futures, fixed income and commodities.
