Atrium Network, provider of smarter connectivity for the financial community, announced today that it has connected to The Chicago Stock Exchange (CHX) to enable low-latency transportation of CHX data from the client venue to participants in the NY4 location in Secaucus, New Jersey and in addition, to provide a connectivity path for order entry back to the CHX venue in Chicago.
Atrium Network’s global platform is designed to maximise trading participant’s opportunities by offering a simple point of connectivity to the world’s largest liquidity centres. Connectivity to Atrium Network’s Exchange Ring will provide CHX with the ability to access a range of US and Canadian clients through a simple robust connection. Atrium Network recently enhanced its North American Exchange Ring with a high-speed, ultra-low latency connection between New Jersey and Chicago of 15.9 milliseconds (round trip delay) enabling clients to benefit from multi-gigabit access to multiple traditional and non-traditional venues already connected on Atrium Network’s global platform.
Emmanuel Pellé, COO of Atrium Network, said, “Since we first entered the US market in 2008 we have been building our geographical coverage so that now we have connectivity in New York, New Jersey, Chicago and Toronto. Adding CHX to the growing list of venues on our network offers clients a richer choice of trading venues. In addition CHX can offer its clients a choice for potential access in the rapidly changing connectivity market.”
Emmanuel Carjat, CEO added, “The investment in our North American Exchange Ring provides the Chicago and NYC/New Jersey trading communities with a clear trading advantage and is a testament to our commitment to the North American region. We will continue to invest in new facilities and new infrastructure to continue our successful access expansion throughout North America and Canada.”
David Herron CEO of The Chicago Stock Exchange added,“We welcome Atrium Network’s smarter connectivity network to The CHX and are delighted that Atrium Network’s customers will be able to access CHX liquidity.”