NYSE Euronext's European liquidity data centre is now open, with the first phase of customers installing equipment in readiness for the anticipated migration of all NYSE European matching engines in the fourth quarter of this year.

The new facility will house all of NYSE Euronext's European markets and also includes a next generation co-location service for trading firms. The company's European liquidity data centre will leverage the latest advancements in design and efficiency to create one of the most resilient, high-capacity and low-latency facilities in the world. 

"Our European data centre will provide a unique blend of cutting-edge technology and value-added services to all kinds of market participants," said Stanley Young, chief executive of NYSE Technologies. "Our aim is to make it as easy as possible for firms to bring their trading systems into the facility, providing customers with unmatched reliability and the lowest latency access to all of NYSE Euronext's European markets. We have built the facility to the highest standards of performance and we are looking forward to demonstrating its speed, connectivity and capacity, starting immediately with this first phase of the rollout of our co-location offering."

The initial co-location phase comprises more than 40 high-frequency trading firms scheduled for installation and testing prior to the migration of the main matching engines for the NYSE Euronext, NYSE Liffe, NYSE Arca Europe and Smartpool markets, which is due for completion by the fourth quarter of 2010. Customer consultations for the second phase will begin in the summer with scheduled installations commencing in November.

Designed to provide and facilitate an array of state-of-the-art technology solutions, NYSE Euronext's data centres will offer co-location services, connectivity, flexible configuration capabilities and ultra-low latency market data managed by NYSE Technologies. In January NYSE Technologies announced the launch of a US liquidity data centre to be located in Mahwah, New Jersey. Both centres are designed to maximise trading efficiency and resiliency with less than 50 microseconds of internal latency between customers' equipment and the markets.