18 July 2018
Register today

Nasdaq OMX NLX adds TMX Atrium as preferred connectivity supplier

19 November 2012  |  1254 views  |  0 Source: TMX Atrium

TMX Atrium, provider of smarter infrastructure solutions for the financial community, today announced that it has been selected by Nasdaq OMX NLX ("NLX"), the new London interest-rate derivatives platform, to be one of its preferred connectivity suppliers.

NLX will offer a range of both short- and long-term interest rate (STIRs and LTIRs) euro- and sterling-denominated listed derivatives products from Q1, 2013. NLX is subject to Financial Services Authority approval.

NLX's decision to appoint TMX Atrium as one of its preferred connectivity partners is in direct recognition of the established and successful association between NASDAQ OMX and TMX Atrium throughout North America and Europe since 2009. In 2010 TMX Atrium expanded its infrastructure into Scandinavia to provide access across NASDAQ OMX and in 2011, TMX Atrium seamlessly migrated existing exchange members onto the NASDAQ OMX Genium INET derivatives platform.

TMX Atrium's sole focus on servicing the needs of the financial services community and its ability to deliver flexible connectivity enables easy infrastructure expansion into the NLX venue using the firm's existing scalable infrastructure and delivers connectivity choice into and out of the venue.

Emmanuel Carjat, Managing Director, TMX Atrium said, "We are delighted to announce that NLX has chosen TMX Atrium to deliver market access for members of their new venue. We operate as a venue neutral infrastructure provider to ensure that our community benefits from access to venues and markets as required. We anticipate that the new NLX venue will become an important trading destination for the global derivatives financial community."

Charlotte Crosswell, CEO, NLX, added, "As NLX moves closer to launch, providing the best connectivity to the market is extremely important. TMX Atrium has extensive knowledge and experience of our on-boarding procedures which allows our trading platform and exchange data to be accessed simply and immediately by a wider range of market participants. We look forward to continuing our work with the TMX Atrium team and developing NLX's membership throughout Europe." 

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit https://secure.vasco.comVisit http://go.jumio.com/finextraAdVisit info.nice.com

Top topics

Most viewed Most shared
Metro Bank opens developer portalMetro Bank opens developer portal
9509 views comments | 5 tweets | 14 linkedin
Anything Visa can do...Mastercard takes time outAnything Visa can do...Mastercard takes ti...
8901 views comments | 6 tweets | 14 linkedin
Citi to streamline corporate receivables with HighRadiusCiti to streamline corporate receivables w...
7842 views comments | 1 tweets | 5 linkedin
Mastercard enlists Worldpay to push Vocalink's Pay by Bank appMastercard enlists Worldpay to push Vocali...
7770 views 19 comments | 14 tweets | 29 linkedin
Banks stand to reap $512 billion revenue boost from 'intelligent automation'Banks stand to reap $512 billion revenue b...
7650 views comments | 21 tweets | 30 linkedin

Featured job

Find your next job