CHICAGO, IL, March 11, 2011 (Press-News.org) PFGBEST announced a new partnership to relocate its Typhoon foreign exchange liquidity aggregation system to Equinix's New York International Business Exchange (NY4). With the announcement of this partnership, Equinix will become the host of the PFGBEST direct market access platform Typhoon. PFGBEST is a financial services technology firm with global outreach. With customers, offices, and affiliates in more than eighty countries, PFGBEST is one of the largest non-clearing U.S. Futures Commission Merchants.
Explaining Typhoon, PFGBEST Chief Operating Officer Russ Wasendorf said, "Typhoon is a direct market access (DMA) system that provides straight-through processing of PFGBEST client foreign exchange orders." PFGBEST's Typhoon can be tailored to meet the demands of our clients. In addition, this trading platform offers ease of access through any of the PFGBEST electronic trading applications. Typhoon was created so that PFGBEST clients are never at the mercy of a third-party vendor. According to Wasendorf, "We felt the need to build a platform of this caliber to best serve our clients, and it is a huge success." Since PFGBEST created the Typhoon system for FX clients in 2009, volume has increased 30% each month through the PFGBEST direct market access system.
Equinix General Manager of Global Financial Services John Knuff said having PFGBEST join the growing financial ecosystem means that PFGBEST can offer its clients high speed connectivity achieved in the proximity hosting agreement. He expressed that Equinix "is thrilled" to have PFGBEST as a partner. Hedge funds, execution venues, firms, network providers, market data suppliers and trading technology venders utilize Equinix. Equinix services more than 3,100 enterprises, cloud, digital content, and financial companies connecting to more than 600 network providers, and Knuff said that these entities rely upon proximity hosting solutions Equinix provides to improve and grow their business.
"Equinix is a high-performing global trading ecosystem," noted PFGBEST's Wasendorf. PFGBEST believes that Equinix gives clients access that is efficient and resilient when it comes to exchanges and markets, he added.
"It is important to us at PFGBEST that our FX clients can capitalize on our successful business model that we have created for direct market access and the liquidity hub of the largest banks. We are truly excited about this partnership with Equinix," Wasendorf stated. Wasendorf maintained that PFGBEST provides a single source of liquidity for forex traders. "The partnership between PFGBEST and Equinix adds further value to our forex clients in reducing latency," he continued. Reducing latency is fundamental to getting the available best price. "Traders profit and compete based upon time frames," noted Wasendorf, "and PFGBEST is about offering the best trading experience for our clients."
Making sure that clients' orders match the best available pricing, the PFGBEST Typhoon system functions as a strict no-dealing-desk environment.
Contact PFGBEST online at http://www.PFGBEST.com or call 855-734-2378.
Forward Looking Statements
This press release from PFGBEST contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from expectations discussed in such forward-looking statements. Factors that might cause such differences include, but are not limited to, the challenges of acquiring, operating and constructing IBX centers and developing, deploying and delivering Equinix services; unanticipated costs or difficulties relating to the integration of companies we have acquired or will acquire into Equinix; a failure to receive significant revenue from customers in recently built out or acquired data centers; failure to complete any financing arrangements contemplated from time to time; competition from existing and new competitors; the ability to generate sufficient cash flow or otherwise obtain funds to repay new or outstanding indebtedness; the loss or decline in business from our key customers; and other risks described from time to time in Equinix's filings with the Securities and Exchange Commission. In particular, see Equinix's recent quarterly and annual reports filed with the Securities and Exchange Commission, copies of which are available upon request from Equinix. Equinix does not assume any obligation to update the forward-looking information contained in this PFGBEST press release.
Equinix and IBX are registered trademarks of Equinix, Inc. International Business Exchange is a trademark of Equinix, Inc.
Press Contacts
Equinix, Inc.
Jade Wilkinson
LEWIS PR
+1 (415) 992-4400
equinixlewisus@lewispr.com
PFGBEST
Patricia Campbell
pcampbell@PFGBEST.com
+1 (312) 775-3411
PFGBEST Announces Equinix to Host Typhoon Direct Market Access Platform
PFGBEST, a nationally recognized financial technology leader, announces a new partnership with Silicon Valley-based Equinix. Equinix, a rapidly growing economic ecosystem, will host the PFGBEST Typhoon system, a direct market access platform.
2011-03-11
ELSE PRESS RELEASES FROM THIS DATE:
Shedding Some Light into Mystery of Idiopathic Pulmonary Fibrosis
2011-03-11
Recent research released last month by the American Journal of Respiratory and Critical Care Medicine has indicated that viral infections are not an underlying cause of acute exacerbations of idiopathic pulmonary fibrosis (IPF).
While some treatments with corticosteroids and cytotoxic drugs exist, there is no known cure for IPF. However, some breakthrough advancements with stem cell procedures have been showing promising signs for those patients afflicted with the disease.
The Adult Adipose-derived Stem Cell Transplant program was launched last year by the International ...
Renowned Relationship Expert Gives 3 Tips to Renew Your Relationship
2011-03-11
Dr. Patty Ann Tublin, an internationally renowned relationship expert, has posted an article on her web site where she shares three tips couples can implement to renew and reinvigorate their relationship. The article, "March Forward for a New & Improved Relationship," is available at http://www.drpattyann.com/2010/goals/march-forward-to-a-new-improved-relationship/.
Now that March is upon us and spring is just around the corner, Dr. Patty Ann suggests taking some time to do a relationship inventory.
"Most of us take some kind of inventory during the month of March, ...
Merrill Brink International Hosts Foreign Corrupt Practices Act (FCPA) Panel Discussion
2011-03-11
Merrill Brink International (www.merrillbrink.com), a leading global provider of language solutions for global companies and law firms, hosted a panel discussion in Washington, D.C. to share information around best practices for avoiding Foreign Corrupt Practices Act (FCPA) investigations. FCPA laws govern the actions of entities that do business in other countries and are designed to prevent unfair trade activities such as bribery of foreign officials.
The panel discussion at the March 1 event was conducted in conjunction with key international law firms and corporations ...
CreativeFeed, Inc. Strengthens Sweet Bordeaux's Brand in the US
2011-03-11
CreativeFeed is generating buzz and building brand awareness for Sweet Bordeaux among young American wine drinkers. Their goal is to change traditional perceptions of Sweet Bordeaux wine by engaging a younger, more cosmopolitan audience of wine enthusiasts, with social media being the primary vehicle for effecting this change.
"Sweet Bordeaux are traditionally known as 'dessert wine', and they are usually served at the end of a meal. Through a social media strategy, we want to introduce our wines to a younger audience open to a new 'sweet' wine experience," explained ...
Ted's Woodworking, highly innovative and an absolute woodwork resource for all your woodworking plans and projects
2011-03-11
While the world is at the middle of global catastrophe, people might reconsider the whole cycle of disposing and reusing. This is the reason why it seems that people travel back to the old times, and revives the lifestyle before, that is more self-sufficient, generating woodworking project ideas and trying to build personal furniture.
Previously, woodworking is usually considered as a task or job that needs to be completed, but now it has evolved to its superb depiction. Woodworking has become a form of relaxation and a great resource of income to many people who find ...
Attorney Rui P. Alves Selected for RI Super Lawyers Rising Stars 2009 and 2010
2011-03-11
Rhode Island Criminal Defense and Family Law Attorney Rui P. Alves has been selected by RI Super Lawyers Top Attorneys in RI and Rising Stars for the second year in a row. Attorney Alves was honored with this distinction in 2009 as well as 2010.
The selection process employed by Super Lawyers, Law & Politics, is extensive and encompasses every aspect of character, skills, peer opinions, and history of the candidates selected. The selections are made annually, state-by-state, and evaluate 12 categories. The resource created by the selection process is made available to ...
Long Beach Bar Association Launches Open Forum Series to Connect Community with Local Government Officials
2011-03-11
The Long Beach Bar Association is launching an open forum series to connect the community with local government officials. The inaugural forum will take place on Thursday, March 17 at Hotel Maya.
"We hope to make the law and local government more accessible to our friends and neighbors," said David R. Haberbush, Esq., president of the Long Beach Bar Association. "Quite simply, knowledge is power. We at the Long Beach Bar Association feel that in this economy, now more than ever, it's important that our community be empowered so we can all make educated decisions for ...
Peter 'Chewbacca' Mayhew Joins Cast of Brimstone and The Borderhounds: The Animated Series
2011-03-11
New York lived up to its name as the city that never sleeps Tuesday evening as it played host to the infamous Hound Comics' release party for its flagship brand, Brimstone and The Borderhounds issue number two. The title turned heads in the months prior as the only independently owned and operated comic book company distributed in Barnes & Noble, the largest book retailer in the world! Dual CEOs William 'Brimstone' Kucmierowski and Marcello Carnevali welcomed everyone to join them in celebrating the rapid growth of the corporation. Guests were pampered with gourmet finger ...
Holy Sugar Shillelagh! Indulge in the Luck of Isabella's Cookies this St. Patrick's Day
2011-03-11
Isabella's Cookie Company announces a St. Patrick's Day Sugar Rush cookie that is sure to shamrock the food world. Home to the most daring and delicious cookies in the world, Isabella's Cookie Company specializes in 28 unique flavor combinations that are as rare and desirable as the pot of gold at the end of a rainbow. Isabella's festive St. Patrick's Day cookies will be available for purchase online and at specialty retailers now thru March 18, 2011.
Isabella's Cookie Company was founded on the notion that simple ingredients used in adventurous ways make for ultimate ...
Authors Take Charge, Launch Lucky Bat Books, a Publishing House Run by Authors for Authors
2011-03-11
Two authors, inspired by the confusion in the publishing industry, have launched Lucky Bat Books, a new kind of press for a new world of publishing, proving again that what is chaos to some is inspiration to others.
Lucky Bat Books launched with authors already queued up and eager to get their novels, short stories and non-fiction on the market. Some were new authors; some were well-published and stepping into e-publishworks whose rights had reverted to them. All submitted their works to Lucky Bat Books in hopes of reaching their readership on the Web. And reaching them ...
LAST 30 PRESS RELEASES:
Public take the lead in discovery of new exploding star
What are they vaping? Study reveals alarming surge in adolescent vaping of THC, CBD, and synthetic cannabinoids
ECMWF - delivering forecasts over 10 times faster and cutting energy usage by 1000
Brazilian neuroscientist reveals how viral infections transform the brain through microscopic detective work
Turning social fragmentation into action through discovering relatedness
Cheese may really be giving you nightmares, scientists find
Study reveals most common medical emergencies in schools
Breathable yet protective: Next-gen medical textiles with micro/nano networks
Frequency-engineered MXene supercapacitors enable efficient pulse charging in TENG–SC hybrid systems
Developed an AI-based classification system for facial pigmented lesions
Achieving 20% efficiency in halogen-free organic solar cells via isomeric additive-mediated sequential processing
New book Terraglossia reclaims language, Country and culture
The most effective diabetes drugs don't reach enough patients yet
Breast cancer risk in younger women may be influenced by hormone therapy
Strategies for staying smoke-free after rehab
Commentary questions the potential benefit of levothyroxine treatment of mild hypothyroidism during pregnancy
Study projects over 14 million preventable deaths by 2030 if USAID defunding continues
New study reveals 33% gap in transplant access for UK’s poorest children
Dysregulated epigenetic memory in early embryos offers new clues to the inheritance of polycystic ovary syndrome (PCOS)
IVF and IUI pregnancy rates remain stable across Europe, despite an increasing uptake of single embryo transfer
It takes a village: Chimpanzee babies do better when their moms have social connections
From lab to market: how renewable polymers could transform medicine
Striking increase in obesity observed among youth between 2011 and 2023
No evidence that medications trigger microscopic colitis in older adults
NYUAD researchers find link between brain growth and mental health disorders
Aging-related inflammation is not universal across human populations, new study finds
University of Oregon to create national children’s mental health center with $11 million federal grant
Rare achievement: UTA undergrad publishes research
Fact or fiction? The ADHD info dilemma
Genetic ancestry linked to risk of severe dengue
[Press-News.org] PFGBEST Announces Equinix to Host Typhoon Direct Market Access PlatformPFGBEST, a nationally recognized financial technology leader, announces a new partnership with Silicon Valley-based Equinix. Equinix, a rapidly growing economic ecosystem, will host the PFGBEST Typhoon system, a direct market access platform.