The addition of the Moscow Exchange’s data and trading capabilities forms an integral part of TMX Atrium’s expansion strategy throughout Central and Eastern Europe.  In August 2012, TMX Atrium announced ultra-low latency to the Moscow hub at M1 and on the 14th January 2013, announced a diverse connectivity option from Frankfurt to Moscow.  Due to the increasing adoption of TMX Atrium’s connectivity paths into and out of Moscow, TMX Atrium completed the enhancement of their London to Moscow via Stockholm path.

TMX Atrium’s connectivity fabric enables Moscow data to be accessible from 30 POPs in 11 countries across their venue-neutral platform. TMX Atrium provides ultra-low latency to its clients through fast, high-capacity order entry paths between Moscow and London, as well as between Moscow and Frankfurt. TMX Atrium’s presence within key locations in London, Frankfurt and Moscow helps firms benefit from arbitrage opportunities amongst these markets and provides access to venues, brokers and clients actively connected to the Moscow market.  The Moscow Exchange joins over 30 other trading venues currently on-net with TMX Atrium.

Emmanuel Carjat, Managing Director, TMX Atrium said, “We are delighted to offer access to an increasingly important source of Russian market liquidity.  Appetite for access and operation within the Moscow markets is growing and we anticipate this trend will continue as the market develops and investors look to implement increasingly complex trading strategies. The Moscow Exchange offers opportunities for trading cash equities, Russian derivatives, Russian FX and Russian fixed income;  asset classes that are becoming increasingly important for the international trading community. ”  

Alexander Afanasiev, Chief Executive Officer, Moscow Exchange, added, “As we continue to build our Moscow Exchange, partnering with a provider such as TMX Atrium, specialists in the financial services vertical, is becoming an increasingly important requirement. TMX Atrium delivers further client choice for our community and pushes our data out to a significant number of end-points across the TMX Atrium connectivity fabric.  TMX Atrium’s reach within Europe, Central and Eastern Europe is impressive as is their coverage across North America.  We look forward to working with TMX Atrium and developing connectivity options into and out of our Exchange from other key trading locations.”