The IEX Group has selected a Savvis data center in Weehawken, N.J. to host a new alternative trading system.
The CenturyLink subsidiary was also chosen to provide a secondary data center in Chicago for the IEX system, Savvis announced Thursday.
Ronan Ryan, IEX chief strategy officer, said his company looked to Savvis as a partner in the mission of protecting investor orders from a technology and market-design perspective.
Savvis’ center is intended to provide trading connectivity and market data access to IEX’s broker subscribers.
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