Atrium Network and innerExchange team on Chi-X access

Source: Atrium Network

Atrium Network, a leading global Internet Protocol (IP)-based network connectivity provider has entered into a partnership with innerExchange, a leading provider of FIX trading, connectivity and smart routing solutions, to provide buy-side customers with cost-effective access to Chi-X Europe.

The combined solution provides customers with secure, low latency connectivity to Chi-X using the Atrium Network IP collect end-to-end network infrastructure and a fully featured web trading GUI, embedded OMS and real-time market data from InnerExchange. The service can be extended easily to provide access to other exchanges and liquidity pools to leverage the smart order routing capabilities of the innerExchange platform.

Through this agreement customers can be up and running with a turnkey Chi-X trading solution comprising secure connectivity, real-time market data, order routing, OMS and a MIFID compliant trade reporting system in less than 48-hours with a starting price under €700 per month.

"By choosing Atrium Network, our clients are gaining a competitive edge in what is becoming a cost driven market", comments Emmanuel Carjat, CEO at Atrium Network. "By partnering with innerExchange we believe that we are providing our clients with a compelling proposition for trading Chi-X and other markets",

"We are delighted to partner with Atrium Network to provide this service to our clients. It follows perfectly the whole rationale of Chi-X which is to reduce costs and improve efficiencies of the buy-side community," said Richard Ney, founder of innerExchange. "Technology is becoming increasingly commoditised, and the European trading landscape is changing at such a fast pace that clients are increasingly seeking low cost and very flexible solutions which can be scaled and extended easily. We are convinced that customers will increasingly adopt such standardised turnkey technology solutions in the future"

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