Transaction Network Services has been selected by Bats Europe to provide client connectivity services.
The deal enables market participants to connect to Bats Europe’s trading platform using TNS’ low latency Secure Trading Extranet.
“We are delighted to be partnering with Bats Europe and look forward to providing our growing client base with access to the services of this new and exciting market,” says John Owens, vice president of Exchanges and ECNs, Financial Services Division, TNS.
“Bats’ aim is to have the fastest and most robust platform in Europe, with the lowest latency. Connecting to TNS’ high-performance extranet will play an important role in helping it achieve this.”
“Bats Europe is pleased to work with TNS as we expand the range of connectivity options available to market participants,” says Mark Hemsley, CEO, Bats Europe.”TNS’ global footprint and established market presence make it a valued partner that will help propel us into Europe as we work to fulfil our ambition to ‘Make Markets Better.”
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