Co-Location Policy
Download or view “Co-Location” Policy PDF
1. Document History
Date | Version | Description |
11 July 2025 | 1.0 | Approval 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*
ServiceType | RackSpace | Connectivity Options | *Fee in €/ month | Third Party Provider Involvement |
Equinix Co-location | Full or partial cabinet | 1Gbit/s 10Gbit/s | Contact Equinix Sales | Provided via Equinix |
Cross-Connect | Varies | Contact Equinix Sales | Provided via Equinix | |
Roof space for GPS Antenna | Contact Equinix Sales | Provided via Equinix | ||
Time Service (PTP) | Contact Equinix Sales | Provided via Equinix | ||
Managed Server (Physical) | 2U | 10Gbit/s | 5,200 | |
Warm backup | 2U | 10Gbit/s | 2,900 | |
Managed Server (Virtual) | NA | 10Gbit/s | 3,600 | |
Member Hardware | 2U | 10Gbit/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