Source: Atrium Network
Atrium Network, provider of smarter connectivity solutions for the financial community, announced today that it will be among the first extranet service providers to offer connectivity to NYSE Euronext's European Cash Trading Platform, through the new Secured Financial Transaction Infrastructure (SFTI) network, ahead of the Universal Trading Platform (UTP)'s launch by the end of the year.
The Universal Trading Platform will be the new unified trading platform which will give NYSE Euronext's customers access to the group's cash and derivatives markets.
Commenting on connectivity to UTP, Emmanuel Carjat, CEO of Atrium Network said, "By the end of this year, clients will have a huge choice of venues of where to execute their European equities orders with established exchanges and new entrants alike introducing ever more advanced technology. Choice, however, can only be realised through connectivity, and we are pleased to be one of the first extranet service providers to offer our clients' access to NYSE Euronext through a single point of connection via our community extranet. In addition to helping our clients reduce their connectivity costs, we have co-located our POP (Point Of Presence) within NYSE Euronext's data centre in order to achieve the lowest latency possible."
Anthony Attia, Executive Director, Head of the Universal Trading Platform Programme at NYSE Euronext, said, "We are delighted that Atrium Network's customer base will now be able to connect to NYSE Euronext, ahead of the Universal Trading Platform launch. We welcome the efforts that Atrium Network is making to provide resilient and cost effective connectivity solutions for the financial services industry in all European financial centres."