As a result of the cooperation between Borsa İstanbul and network service provider TMX Atrium, TMX’s network has been added to Borsa İstanbul Data Distribution Network with the agreement signed between the parties.
Borsa İstanbul and network service provider TMX Atrium have decided on a cooperation framework.
TMX Atrium’s network has been added to Borsa İstanbul Data Distribution Network with the agreement signed between Borsa İstanbul and TMX Atrium. Thanks to this connection, data distributors will be able to receive market data via TMX Atrium’s network in addition to Borsa İstanbul’s own access points in Istanbul and London PoP.
TMX Atrium’s network contains 32 PoPs in various cities including New York, Chicago and Frankfurt.
With its expanding network, Borsa İstanbul aims to improve its global accessibility and increase the number of its data distributors.
On the agreement, Borsa İstanbul Executive Vice President Mustafa Kemal Yılmaz said: “Along with the vision to make Istanbul an international financial center, Borsa İstanbul continues to maintain its technological investment and partnerships with global players. I believe that our cooperation with TMX Atrium, one of the biggest connectivity providers in the world, is an important step in this sense. With no doubt, connection to the TMX Atrium network is vital to reach new clients and to increase accessibility of Borsa İstanbul. Through TMX Atrium’s infrastructure global players may easily reach Borsa İstanbul to enjoy the investment opportunities”.
Eric Sinclair, President, TMX Market Insights and Group Head of Information Services, TMX Group said: "We are delighted that Borsa Istanbul has chosen TMX Atrium to provide worldwide connectivity to its customer base and looking forward to the expansion of their connectivity on our platform."
About TMX Atrium
TMX Atrium is a leading low latency venue-neutral infrastructure provider for financial services participants in Europe and North America. We have a presence in 12 countries across USA, Canada, Europe, Asia and Russia, providing connectivity to over 30 major trading venues and offering low latency access to over 500 data sources. TMX Atrium's infrastructure, allows participants to connect their trading engines seamlessly onto the connectivity fabric and benefit from the lowest latency access to all available trading venues. TMX Atrium's platform meets current and forecasted demands of bandwidth to handle ever-increasing market data and is well positioned for further industry connectivity enhancements. As well as direct trading access, TMX Atrium also offers intranet and internet technology designed to be fully interoperable with firms' in-house legacy infrastructures. Established in 2006, the company grew rapidly across Europe and North America. In July 2011 TMX Atrium (formerly Atrium Network) was acquired by TMX Group.
For more information, please view TMX Atrium’s website at http://www.tmxinfoservices.com