Do not invest more money than you can afford to lose.
Canada-based forex brokerage group Oanda said on Tuesday it has moved part of its IT equipment to Singapore in SG3, the newest server facility of data center provider Equinix (Nasdaq:EQIX). SG3 is Equinix’ largest data centre in Asia Pacific.
“The decision to move our servers to Equinix in Singapore was easy,” said Courtney Gibson, OANDA CISO. “We originally chose Equinix because of the robust ecosystem and interconnected financial services partners that exist inside their data centers, which ensures high performance, network reliability, redundancy, and low latency, potentially increasing trading opportunities for our clients. However the decision to move our servers to their SG3 facility will further cement our footprint within the Asia-Pacific region,” he added.
The broker’s US servers are already located at the Equinix NY4 data centre in New York, while its Canadian servers are housed in Equinix’ TR2 data center in Toronto, providing direct access to TorIX, the largest Internet Exchange Point in Canada. It also recently moved its servers in Japan to the Tokyo TY4 facility.
“Having enjoyed a strong working relationship with Equinix in the US, Canada and Japan, we wanted to extend that commitment to clients throughout Asia, further broadening our global technology footprint,” Gibson said.
Equinix is a leading global interconnection and data center provider. It operates in some 40 markets worldwide. Its solutions help 8,000 businesses connect directly to their customers, employees and partners inside interconnected data centers. It serves financial service providers, as well as cloud, networks, and digital media companies. Equinix has more than 146 data centers globally (29 in Asia-Pacific) which link more than 1,400 network service providers together.
Oanda offers forex, contracts for difference (CFDs), indices, commodities, treasuries, and precious metals. The broker operates through offices in San Francisco, Toronto, New York, London, Singapore, Tokyo, and Sydney. The group is regulated by seven authorities, including in the US, Singapore, Canada, the UK, Japan, and Australia.