TMX Atrium, provider of smarter connectivity solutions for the financial community, today announced that Burgundy, the trading platform for Nordic securities has now become part of TMX Atrium's global community.
Connectivity to Burgundy offers TMX Atrium participants further choice in the rapidly changing Nordic markets and builds on the firms continued and successful investment into new geographies. In 2011, TMX Atrium announced a high-performance high-speed path between London and Stockholm in response to growing client demand enabling future infrastructure reach within the region. Burgundy joins a number of Nordic venues and participants available within the TMX Atrium trading community.
TMX Atrium has over 300 end data points available on its infrastructure and covers 11 countries using 25 PoPs (points of presence).
Emmanuel Carjat, Managing Director of TMX Atrium said, "We operate as a vendor neutral infrastructure specialist to ensure that our members benefit from access to venues and markets as required. Customer demand for increased market coverage across the cash equity and derivative Nordic markets has resulted in a need for access through different methods which allows for early adoption of a new venue."
Erik Ellqvist, Head of Market operations at Burgundy, added, "Our relationship with TMX Atrium allows our market data and trading platform to be accessed by a wider range of participants looking to trade the Nordic markets and also gives increased choice for our users. Burgundy's decision to use TMX Atrium is in recognition of the changing players now offering connectivity amongst the evolving Nordic markets."