Changes at Mahwah US Liquidity Center

We have announced some changes to our Mahwah US Liquidity Center policies – here’s the link to the release.

It’s significant for the member firms who are already colocated in Mahwah, as they will be able to order their own fiber access into the facility for the first time, giving them more control and discretion over their colocation access and enabling them to more easily access other liquidity destinations.

This also represents a marked evolution of the traditional exchange colocation model, traditionally available to ‘members only’ and with restrictions in use and access. The changes will for the first time not only allow vendors and telco providers to operate within Mahwah, but will open up the facility to a broad spectrum of financial service providers. Helping to facilitate this, a few other policies have been relaxed, notably the introduction of cross-connects within the colocation hall, and the liberalization of market data distribution policies, making it easier for other data vendors to offer their services within the facility.

This is the latest development in a trend leading to more open services from NYSE Technologies – we’ve already seen a move to allow vendors and direct telco access into the European Liquidity Center in Basildon, and the Open-MAMA initiative continues to gather momentum. It’s also interesting to see the same trends in exchange networks over the last 5 years emerging in collocation facilities - moving from a single-exchange purpose to multi-vendor communities.