Selerity which provides event data solutions for the financial services industry moved into the Equinix Frankfurt FR2 data center.
The firm said it the move will give its clients access to various market-moving events in real-time to incorporate into trading strategies that use financial products listed on European exchanges.
The firm is an existing Equinix colocation customer with space in Chicago and Secauscu, New Jersey.
As programmatic and high-frequency traders using event data seek to diversify their trading strategies, they are increasingly looking to overseas markets, it said.
Several of Selerity's event data sets can now be locally produced and distributed in all three PoPs, cutting out as much as 40 to 60 milliseconds in travel time from the U.S. and other origination points. The Frankfurt location will also serve as an event data aggregation point for the European market, collecting regional corporate and economic events.
"Breaking events from one region, such as the U.S., can have a profound impact on other regional markets. Our clients trading on European exchanges were looking for a way to locally access Selerity's event data for their European trading and risk strategies," said Ryan Terpstra, founder and CEO of Selerity. "With the move into the FR2 datacenter, we are able to offer clients low-latency access to our event data without having to back-haul from its origination points in the U.S."