The Moscow Exchange (MoEx) company has chosen Moscow-based data center vendor DataSpace to serve as its primary data center and services provider, according to a company statement.
After a preliminary stage in which DataSpace will serve as a back-up facility for MoEx, the DataSpace1 data center will function as MoEx’s primary data center.
As of September, DataSpace1 became the first data center in Russia and Continental Europe to complete the Uptime Institute’s full cycle of Tier III certifications, according to the statement.
“The requirements to operate large and continuously increasing data volumes are becoming more and more sophisticated, meaning companies must make significant investments in order to meet these requirements on their own,” says Sergey Rasskazov, DataSpace’s president in a statement. “Today a growing number of customers choose outsourced service providers because it allows them to meet the growing requirements for security and reliability and at the same time makes more sense from an operational and economic standpoint. The data center market has responded to this new model by continuing to grow, both in volume and quality.”
Moscow Exchange provides local and international investors, professional participants of the financial market and their clients with a broad choice of opportunities for trading stocks, bonds, fund units, derivatives, currencies, government securities and commodities.
The Moscow Exchange is integrating its markets that differ in terms of traded instruments, principles of trading and settlement, according to information on the exchange company’s website.
For now, the Moscow Exchange includes:
- The Securities Market – stocks, bonds, fund units – are transacted via the Equity Capital Market, the Debt Capital Market and the Classica Sector;
- The Derivatives Market for futures and options and derivatives for equities, foreign exchange (FX) and commodity contracts;
- The FX Market for foreign currencies via a fully electronic trading system that unites regional technical centers
- The Money Market for government securities, which includes two sections: repo in government securities and money market instruments, and repo in stocks and bonds;
- And the Commodity Market, operated by the National Mercantile Exchange.
Leave a Reply