Co-Location Policy

Download or view “Co-Location” Policy PDF

1. Document History

DateVersionDescription
11 July 20251.0Approval of Version

1.0 and

implementation as

binding to the Company

2. Introduction

This Co-Location Policy outlines the terms and conditions under which PM MTF LTD (the “Company”) provides co-location services to market participants. This policy ensures compliance with Article 2 of Delegated Regulation (EU) 2017/573 and guarantees fair, transparent, and non-discriminatory access to co-location infrastructure performance.

3. Third Party Outsourcing Arrangement

In today’s fast-paced algorithmic trading environment, market participants must position their trading infrastructure as close as possible to the exchange’s matching engines to maintain a competitive edge. The Company has partnered with Equinix to provide state-of-the-art co-location services.

The Company has entered into an outsourcing agreement with Equinix, which owns and operates the data center housing the trading venue’s execution infrastructure and proximity access services.

While the physical infrastructure is managed by Equinix, the Company remains responsible for:

  • Ensuring fair and equal access to co-location services;
  • Establishing clear contractual terms with the third-party provider to maintain regulatory compliance; and
  • Continuously monitoring latency and infrastructure

4. Definition of Co-Location Services

Co-location services refer to the physical hosting of client trading infrastructure within a data center operated by Equinix, which is connected to the Company’s matching engine to reduce latency.

5. Fair and Non-Discriminatory Access

All Company’s members are offered equal access to co-location services on a first-come, first-served basis, subject to infrastructure availability.

No preferential treatment is given to any member in terms of:

  • Data: latency, access or execution speed; and
  • Network connectivity

Technical specifications, pricing, and service conditions apply uniformly to all clients.

6. Description of Co-Location Services

6.1. Data Center Information

Equinix (Germany) GmbH

Address: Rebstöcker Straße 33, 60326 Frankfurt, Germany

Sales Contact: Mehmet Yetkin – Account Executive Mid-Market – Germany

Email:Mehmet.Yetkin@eu.equinix.com

Mobile: +491706242230

6.2. Contractual Arrangements:

Housing agreements are directly concluded between Equinix and the respective customer (e.g., a member of the Company) .

The Company is not involved in the contractual relationship between members of the Company and Equinix, unless the Company is appointed to manage the server and server housing directly on behalf of a member.

6.3. Hosting and Connectivity

Equinix data center provides all housing services, including:

  • Rack space
  • Cooling
  • Power supply
  • Smart hands support
  • Security
  • Internet Connection
  • Cross Connects to the servers of the Company.

6.4. Available Services and Fees*

ServiceTypeRackSpaceConnectivity Options*Fee in €/ monthThird Party Provider Involvement

Equinix

Co-location

Full or partial cabinet1Gbit/s 10Gbit/sContact Equinix SalesProvided via Equinix
Cross-Connect VariesContact Equinix SalesProvided via Equinix
Roof space for GPS Antenna  Contact Equinix SalesProvided via Equinix
Time Service (PTP)  Contact Equinix SalesProvided via Equinix
Managed Server (Physical)2U10Gbit/s5,200 
Warm backup2U10Gbit/s2,900 
Managed Server (Virtual)NA10Gbit/s3,600 
Member Hardware2U10Gbit/s

3,800 +

Installation fees

 

*Fees subject to change

6.5. Connectivity Options & Infrastructure

Co-location members connect to the Company’s matching engine via infrastructure managed by Equinix.

Connectivity options include:

  • Cross-connects within the data center; and
  • Direct fiber links for external access

Equinix is responsible for data center power, cooling, and physical security, while the Company manages network access and MTF infrastructure.

6.6. Service Pricing and Fee Structure

Co-location fees are publicly disclosed and available upon request.

Fees cover rack space, power, cooling, and connectivity but exclude additional services such as remote hands support, maintenance, and backup power upgrades.

All pricing is standardized, and no rebates, discounts, or exclusive pricing arrangements are provided.

Changes to pricing or service terms will be announced publicly at least 30 days in advance.

7. Governance & Compliance

7.1 Responsibilities of PMX

  • Ensuring fair access and transparent pricing
  • Monitoring latency to prevent discriminatory advantages

7.2. Responsibilities of Equinix

  • Managing the physical data center infrastructure, including:
    • Rack allocation and power management
    • Cooling, security, and operational continuity
  • Ensuring non-discriminatory access to network connectivity
  • Providing real-time monitoring and reports to the Company

7.3. Audit & Review Process

The Chief Technology Officer will conduct regular audits to ensure compliance with this policy and any applicable regulatory requirements. Any staff member found to be in violation of this

policy may be subject to disciplinary action, up to and including termination of employment or contractual agreement. The disciplinary action shall depend on the extent, intent, and repercussions of the specific violation.

The Chief Technology Officer is responsible for reviewing this policy and related procedures on an annual basis or when significant changes occur in technology, regulations or organizational requirements. Any amendments or updates will be approved by the Board of Directors and communicated to all relevant stakeholders.

8. Application & Approval Process

8.1. Eligibility Criteria

Only registered members of the Company may apply for co-location services. Members must comply with all regulatory and security requirements.

8.2. Request Submission

Applications must be submitted via the Company MTF Member onboarding process or directly with Equinix for co-location services. Members must specify service type, rack space, power, and connectivity preferences.

8.3. Deployment Timeline

Standard provisioning: 15 business days.

Expedited deployment: Available upon request for an additional fee.

9. Security and Compliance

Equinix manages physical security, including:

  • 24/7 biometric access
  • Visitor logging & surveillance

The Company oversees logical security, including:

  • Order flow monitoring to prevent unfair latency
  • Network and firewall protections to safeguard client infrastructure

10. Amendments and Policy Updates

This policy is reviewed annually and updated to align with regulatory developments.

Any updates will be published on the website of the Company and communicated at least 30 days before implementation.

11. Contact Information

For inquiries regarding co-location services, please contact:

Email: support@perpetuals.com

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