The American Stock Exchange has selected Transaction Network Services to provide connectivity for market data distribution and to submit order flow to the Amex.
TNS connectivity started with the launch of the Amex’s state of-the-art electronic trading platform, Auction and Electronic Market Integration (AEMI).
“The Amex is pleased to be partnering with TNS,” says Antoine Shagoury, Amex’s chief information officer. “AEMI unites the best qualities of electronic and auction markets and the launch of our world-class technology platform is a great achievement for the Amex. We look forward to capturing greater market share and adding products on our new trading platform.”
“TNS is delighted to have been chosen by Amex and to assist in expanding their trading technology to a wider audience,” says Alan R. Schwartz, executive vice president and general manager of TNS. “This announcement is further recognition of TNS’ ability to provide reliable, secure connectivity to clients seeking speed, coupled with low-latency and extensive reach to the world’s premier trading firms.”