Atrium Network, a provider of connectivity services for the financial community, and Visual Trader (VT), a technological company owned by Bolsas y Mercados Espanoles (BME), are offering connectivity to the Spanish Exchange by connecting their respective networks.
To reduce access latency, the Atrium Network PoP (Point of presence) is installed within the new proximity site managed by VT, which is located at 79 microseconds from the exchange host and connected by 2 x 1GB fiber lines. Clients will benefit from a DMA access to the Spanish Exchange at the lowest latency. Optionally, VT offers a sponsored access model for non-member firms which can choose any of the Spanish members as the receiving broker.
Emmanuel Pelle, director of sales and marketing at Atrium Network, said: “Atrium Network sites the majority of its PoPs at or close to major liquidity venues. The placing of the Atrium Network PoP in the VT proximity site is a great step for our development in Southern Europe.
“Through a simple, resilient point of connection, clients have access to important European stocks being traded on the market and are able to take full advantage of the competitive price and cost opportunities on offer via our community extranet.”
Jose Parga, managing director of Visual Trader, said: “We are pleased that Atrium’s wide range of customers will now have access to the Spanish Exchange via VT solutions. We are delighted to be a part of Atrium Network’s efforts to provide low latency connectivity solutions for the financial services industry.”