BATS Global Markets (BATS), a global operator of stock and options markets, and Savvis, a CenturyLink (NYSE: CTL) company and an outsourcing provider of managed computing and network infrastructure for IT applications, today announced that BATS will use Savvis’ Chicago CH4 data center as its secondary data center facility for all three of its U.S. markets.
In the U.S., BATS operates two equities exchanges, the BZX Exchange and BYX Exchange, and an equity options market, BATS Options. The primary matching engines and associated trading infrastructure for these three markets are already hosted in Savvis’ Weehawken, N.J. data center, meaning Savvis will now provide both primary and secondary disaster recovery (DR) data centers for BATS’ U.S. operations. BATS has also extended its existing services contract for hosting at Savvis’ Weehawken facility.
“We believe the Savvis CH4 data center in Chicago is the right place to serve as our secondary site for our three U.S. markets because of the rich ecosystem of trading participants and cutting-edge, scalable IT services and connectivity options,” said Chris Isaacson, chief operating officer for BATS. “Savvis has a proven track record in hosting our infrastructure, as well as a number of other execution facilities, and we are pleased to expand our partnership with them in the U.S.”
“We’re delighted that BATS has chosen our Chicago facility as their new secondary data center,” said Varghese Thomas, global head of financial services for Savvis. “We look forward to offering BATS trading participants a range of low latency, resilient and scalable connectivity options.”
BATS currently uses a data center facility in Nutley, N.J., as the DR site for the backup of its BZX Equities Exchange. The migration of the BZX Exchange DR site and the build out of the BYX Exchange and BATS Options DR sites in the Savvis Chicago CH4 facility will be completed this year. A detailed implementation schedule will be distributed to trading participants in due course.
