Atrium Networks, providers of smarter connectivity for the financial community announced today that it is offering connectivity to Chi-X Europe Ltd (Chi-X Europe), the first live pan-European Multilateral Trading Facility (MTF).
Commenting on the connectivity to Chi-X Europe, Emmanuel Carjat, CEO of Atrium Network said, "For the first time in Europe, clients now have choices when trading European equities. At Atrium Network we fully support efforts by Chi-X Europe and other industry participants to provide greater competition in trading, clearing and settlement. However, choice can only be realised through connectivity and we are proud to offer our clients access to Chi-X Europe. Through Atrium Network's community extranet they can take full advantage of the opportunities price and cost competition offer and fulfil their best execution obligations."
"Through our streamlined business model, institutional investors are able to trade a wide range of European equities and achieve a low-cost, high-speed trade execution, as well as potential price improvement," said Hirander Misra, Chief Operating Officer of Chi-X Europe. "We are pleased to welcome the diverse customer base of Atrium Network to our growing list of participants."