Atrium Network connects to Quote MTF
Atrium Network, provider of smarter connectivity for the financial community, today announced that Quote MTF, the Hungarian based pan-European trading venue, is available on Atrium Network's extranet community.
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As such, following Quote MTF's launch on September 4th, Atrium Network's Exchange Ring users will benefit from ultra low latency connectivity to the most recently launched MTF. In the current landscape of market fragmentation, participant firms trading on MTFs require the lowest possible latency. Each of the MTFs has chosen various data centre locations at which to locate their matching engines. By offering a single point of connection, clients can connect their trading engines seamlessly into Atrium Network and gain access to the main liquidity venues. Participants can mitigate the associated capital expenditure and risk of co-locating with every liquidity venue.
Commenting on the connectivity to QUOTE MTF, Emmanuel Pellé, Director of Sales and Marketing at Atrium Network said, "We are delighted that QUOTE MTF has joined our fast growing community. Our exchange ring offers clients a single point of access to the European liquidity venues and we are continually expanding to offer connectivity to new MTFs as they launch. In times of economic uncertainty and market volatility, the pressure to minimise risk and capitalise on the trading opportunities presented by these new MTFs is greater than ever and we believe that our Exchange Ring offers opportunities to help firms mitigate the necessary investment required to collocate with every venue. "
Oliver Klopsch, Head of Sales and Marketing of QUOTE MTF, added, "We are delighted to be part of Atrium Network's efforts to provide low cost connectivity solutions for the financial services industry. Achieving the lowest possible latency is a key priority and we believe Atrium Network's innovative approach will help participants to reach this goal."