02 December 2009 Company Announcements

 

Fortis Bank Global Clearing to use Atrium Network's Exchange Ring

Fortis Bank Global Clearing will use Atrium Network's ‘Exchange Ring' for ultra low latency connectivity to MTFs including Chi-X and Nasdaq OMX. Atrium Network launched its ‘Exchange Ring' with a view to mitigating the risk of any unnecessary co-location investment and ensuring lowest possible latency access to all available trading venues. 

Neil Singleton, global head of market access architecture at Fortis Bank Global Clearing, said: "Having compared the market offerings, we are pleased to be connecting to Atrium Network for access to multiple MTFs including Chi -X and Nasdaq OMX. Achieving the lowest possible latency is a key priority and we believe Atrium Network's innovative approach will help us achieve this and we look forward to having a single point of connectivity to the other venues available on the Exchange Ring."