Nordic multilateral trading facility (MTF) Burgundy has joined the TMX Atrium global connectivity community. The move follows the launch last year of a high-speed connection between London and Stockholm on the TMX Atrium network.
Burgundy joins a number of Nordic venues and participants available within the TMX Atrium trading community.
We operate as a vendor-neutral infrastructure specialist to ensure that our members benefit from access to venues and markets as required, says Emmanuel Carjat, Managing Director of TMX Atrium. Customer demand for increased market coverage across the cash equity and derivative Nordic markets has resulted in a need for access through different methods which allows for early adoption of a new venue.”
Erik Ellqvist, Head of Market operations at Burgundy, adds: “Our relationship with TMX Atrium allows our market data and trading platform to be accessed by a wider range of participants looking to trade the Nordic markets and also gives increased choice for our users. Burgundy’s decision to use TMX Atrium is in recognition of the changing players now offering connectivity amongst the evolving Nordic markets.”
TMX Atrium has more than 300 end data points available on its infrastructure and covers 11 countries using 25 points of presence. Atrium was acquired by TMX Group last year.
(CG)