Creating Opportunities in a Fragmented European Marketplace

Euronext’s recent announcement of its intended move from the Basildon data center, in the UK, to Bergamo in Italy, is making waves amongst equity market participants. Euronext’s decision is primarily due to Brexit considerations, including its recent acquisition of Borsa Italiana (which uses the Bergamo data center as its current disaster recovery site) as well as the post-Brexit shift in European share trading from London to Amsterdam. For the exchange operator, it therefore makes sense to consolidate its operations in a single, EU based data center – and keeps other key stakeholders, such as EU regulators, happy as well.