Nyse Technologies, the commercial technology unit of Nyse Euronext, and Americas Trading Group (ATG) are pleased to announce the production use of their high-performance order routing and market-data platform offering the global trading community low-latency access to the key trading venues in Latin America.
Leveraging NYSE Technologies' Secure Financial Transaction Infrastructure (SFTI), the network connection delivers the lowest possible latency between New York and Sao Paulo.
Now the Global Capital Markets Community can leverage their existing SFTI connectivity toaccess ATG's sponsored access gateways for direct order routing to Latin American exchanges and brokers. Market data from key global financial markets is also available to clients in Latin America while Latin American market data can now be distributed world-wide.
"We are pleased to continue our strong partnership with ATG by working closely to expand our presence in Latin America to offer faster, simplified access to these highly attractive trading venues," said Stanley Young, CEO, NYSE Technologies. "This is a key step in increasing access to, and liquidity in Latin America and working with ATG we will operate the highest performing route in the region."
"Our local expertise, relationships and long-term commitment to the region combined with the technology and know-how NYSE Technologies brings to this project, create a compelling customer solution to a challenging market," commented Martin Fernando Cohen, CEO, ATG. "With the emergence of Sao Paulo as one of the world's financial capitals, the increased access to local markets by global investors will enable local buy and sell side firms to play a significant role in the further emergence of a global capital markets community."
ATG uses NYSE Technologies' Managed Transaction Hub to offer access to local and cross border order flow between exchanges and brokers in Brazil, Mexico, Chile, Colombia and Peru. All SFTI customers will have the ability to directly access Chile's Bolsa de Comercio de Santiago, Colombia's Bolsa de Valores de Colombia and Peru's Bolsa de Valores de Lima using the ATG's Mercados Integrados Latino Americanos (MILA) infrastructure.