Atrium connects to Nasdaq OMX

Source: Atrium

Atrium Network, provider of connectivity for the financial community, announced today that it has enhanced its 'Exchange Ring' connectivity to include Nasdaq OMX Europe's new dark pool, Neuro Dark.

This builds on Atrium Network's strategic expansion to provide dark fibre connectivity to all available trading venues and offer ultra low latency connectivity through a single connection to the Exchange Ring.

Commenting on the Exchange Ring extension, Emmanuel Carjat, CEO of Atrium Network said, "Enhancing the connection to Nasdaq OMX Europe is a further step in Atrium Network's development of Exchange Ring. At Atrium Network we fully support efforts by Nasdaq OMX and other industry participants, to provide greater competition in trading, clearing and settlement. However, choice can only be realised through connectivity and we are delighted to improve our client's connectivity by offering sub-millisecond access to Nasdaq OMX Europe. 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. Exchange Ring's ultra low latency, multigigabit scalability, offers firms seeking a competitive advantage over other firms relying on older connectivity technology."

Commenting on the announcement, Charlotte Crosswell, President of Nasdaq OMX Europe said, "We are delighted that Atrium Network's diverse customer base is now well positioned to connect to Nasdaq OMX Europe. We welcome the efforts that Atrium Network is making to provide single point low latency connectivity solutions for the financial services industry."

Comments: (0)