Atrium Network scales up North American exchange ring

Source: Atrium Network

Atrium Network, provider of smarter connectivity for the financial community today announced that it is upgrading its New York to Toronto Exchange Ring to 10Gbps (Gigabits per second).

The additional bandwidth and reduced latency of this connection will further improve upon Atrium Network's existing low latency performance in anticipation of the continued growth in market data, messaging and order flow. The upgrading of the New York Toronto Exchange Ring is part of Atrium Network's continued investment in the North American region and provides unrivalled connectivity to the Canadian and North American markets.

Connecting into Atrium Network's established presence in Toronto, this high-speed low latency path is designed to maximise client's investment through the venue proximity that Atrium Network offers. Participants can connect their trading engines seamlessly onto Exchange Ring and be assured of the lowest possible latency access to all available trading venues. The increased capacity and low latency validates the growing customer demand for flexible connectivity fabric and can offer clients arbitrage opportunities between Toronto and New York.

Commenting on Atrium Network's increased bandwidth, Emmanuel Carjat, CEO of Atrium Network said, "As more and more participants join our growing network to trade global markets we are looking for innovative ways to simplify connectivity and provide venue proximity through our co-location with the data centres in the main financial centres. Earlier this month, we announced the successful migration of customers to CHI-X Canada's new facility in Front Street. This reinforces our approach to providing high-speed, flexible access to the financial community and ensures that our customers receive the best performance possible to multiple venues."

Carjat added, "Building on our expansion in Toronto we already have new participants transacting and trading in the Toronto region as well as other participants using the upgraded connectivity to enhance their access to the New York markets. We will continue our focus on coverage, latency and bandwidth expansion to ensure that trt trading participants receive the fastest possible path to multiple markets. We are delighted with the market demand for continued expansion of our North American Exchange Ring and look forward to welcoming more participants onto the connectivity fabric in the forthcoming months."

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