ST. LOUIS, July 7, 2011 /PRNewswire/ -- Savvis, Inc.
(NASDAQ: SVVS), a global leader in cloud infrastructure and hosted
IT solutions for enterprises, today announced that TradeStation has
extended its existing services contract for network services for an
additional two years, and is expanding the scope of the agreement
to include colocation facilities.
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TradeStation is an electronic trading platform that offers
state-of-the-art electronic order placement and execution and
enables clients to scan the markets and design, test, optimize,
monitor and automate their own custom equities, options, futures
and foreign exchange trading strategies.
"Low latency and reliable access to real-time market data is
paramount in ensuring that our clients can best leverage the
market-leading trading solutions we offer," said Enrique Pizzi, chief information officer for
TradeStation. "Colocating in Savvis' NJ2 data center complex in
Weehawken, N.J., provides us a
quality solution to connect directly into a rich trading ecosystem
of exchanges and other electronic market centers. We're also
pleased to have the opportunity in the future to leverage Savvis'
global reach of data centers and network connectivity to expand
into additional markets in Europe
and Asia, should we decide to do
so."
A number of the world's leading liquidity venues -- including
traditional equities and derivatives exchanges, alternative trading
venues such as dark pools and crossing networks, foreign exchange
and fixed-income electronic communication networks -- already trust
Savvis to host their trading systems and matching
infrastructure.
"We are extremely pleased and honored that TradeStation is
extending the existing successful relationship we have built up
over the course of the last seven years," said Varghese Thomas, global head of financial
services for Savvis.
On June 14, Savvis announced the
launch of Savvis Markets Infrastructure, which allows financial
services companies to customize IT and connectivity solutions to
fit their needs. Leading financial services organizations across
the globe rely on Savvis as the foundation for their trading and IT
solutions. Savvis' global footprint of 32 data centers and
ultra-low latency and resilient network connectivity -- the core
capabilities of Savvis Markets Infrastructure -- underpin these
solutions, reinforced by a depth of experience in supporting the
financial markets.
For more information, visit www.savvis.com/financial.
About Savvis
Savvis, Inc. (NASDAQ: SVVS) is a global leader in cloud
infrastructure and hosted IT solutions for enterprises. Nearly
2,500 unique clients, including more than 30 of the top 100
companies in the Fortune 500, use Savvis to reduce capital expense,
improve service levels and harness the latest advances in cloud
computing. For more information, please visit www.savvis.com.
About TradeStation Group
TradeStation Group, Inc., through its brokerage and other
subsidiaries, offers the TradeStation platform to the active trader
and certain institutional trader markets.
SOURCE Savvis, Inc.