Atrium Network, provider of smarter connectivity for the financial community, announced today that it will offer low latency access to the Nasdaq OMX Nordic derivatives market. Connectivity is provided using Atrium Network's existing infrastructure at the heart of Nasdaq OMX's production and data centre facilities in Stockholm.
Building on Atrium Network's continued successful reach into the Nordic region; clients can take advantage of an ultra-low latency route in place from London to Stockholm and from Frankfurt into Stockholm. Clients already on Atrium Network can benefit from access to the Cash Equity market and now the European Derivatives platform across Europe and into the Nordic markets using a choice of access options, secure internet, Ethernet and dark fibre access.
Commenting on the access expansion into NASDAQ OMX, Emmanuel Carjat, CEO of Atrium Network said, "We are delighted to make another market available for the Atrium Network community, especially one that is complementary to the existing Cash Equity market in Stockholm. In October 2010, we invested in two PoPs (points of presence) in Stockholm and deployed our low latency path of 11 milliseconds between Frankfurt and Stockholm in anticipation of the increased volume and interest from our customer base; an expansion strategy which is now bearing fruit."
Commenting on the announcement, Bjørn Sibbern, Senior Vice President, Nordic Equities Market, NASDAQ OMX said, "Offering customers choice in accessing NASDAQ OMX markets remains a key priority for us. Combining one of the world's fastest trading platforms, Genium INET, with Atrium Network's ultra-low latency connectivity will provide customers across Europe with a highly efficient end-to-end trading solution for Nordic derivatives."