Atrium Network, provider of smarter connectivity for the financial community, today announced that it has opened two new Points of Presence (PoPs) in the heart of Toronto's financial district.
Investment in the new PoPs at 100 Wellington Street and 151 Front Street forms an important part of Atrium Network's global connectivity expansion plans. By co-locating with the key exchange sites, clients will benefit from simple resilient access without needing to co-locate themselves.
Atrium Network's 'fabric of connectivity' approach provides a single point of ultra low latency connectivity to all its PoPs located in Amsterdam, Brussels, Chicago, Frankfurt, Geneva, Lisbon, London, Luxembourg, Madrid, New York, Paris, Sao Paulo and now Toronto. Establishing connectivity to Atrium Network's PoPs enables participants of the major trading venues to connect to Atrium Network's community of buy-side, sell-side, market data providers and industry vendors and is designed negate any requirement by Atrium Network's participants to invest in potentially expensive co‐location investment. Participants can connect their trading engines seamlessly onto the extranet network and be assured of the lowest possible latency access to all available trading venues.
Commenting on the opening of the PoPs, Emmanuel Pellé, Executive Director of Atrium Network said, "As part of our North American expansion strategy, we are pleased to provide our community with access to the Toronto market to take advantage of the many opportunities becoming available for our customers. Our approach is to simplify connectivity to help clients take advantage of opportunities as they arise in the rapidly changing marketplace. We continue to increase our reach into new geographies and markets building on the existing Atrium Network connectivity fabric and are delighted to attract a growing community of participants."