Atrium Network will provide the low latency connectivity by using the latest dark fibre technology into the Pure Trading data centre in Toronto, ensuring participants receive simple, resilient high-speed access to the Canadian financial community.
On February 1, 2010, Atrium Network has opened two new PoPs (points of presence) in Toronto. Atrium Network’s PoP provides is designed to mitigate the risk of any unnecessary co-location investment.
Participants can connect their trading engines onto the extranet network for lowest possible latency access to all available trading venues.
Emmanuel Pelle, executive director of Atrium Network, said: “Pure Trading continues to attract new participants looking to trade securities listed on the Canadian exchanges and we are delighted to not only assist Pure Trading’s users take advantage of the opportunities in the marketplace as they arise,
but also to build on Atrium Network’s Canadian reach for our existing users.”
Richard Carleton, VP of corporate development at Pure Trading, said: “Since launch we have continually sourced providers of innovative, low-cost, technology services in order to enhance the competitiveness of our offering while delivering cost efficiencies to our end client base. We are pleased to be able to add Atrium Network to our connectivity options and compliment Atrium Network on their innovation in the European and US markets.”
Pure Trading is a Toronto-based alternative auction market system that aims to attract latency sensitive traders interested in Canadian exchange-listed securities.
