TMX Atrium has added the Moscow Exchange to its connectivity fabric, a move which increases the number of access options available for its clients to the Russian markets which it has been active in since 2011.
The financial infrastructure provider added connectivity to the venue’s data and trading capabilities as part of its overall expansion strategy throughout Central and Eastern Europe, in addition to furthering its Moscow footprint with connectivity to the data centre Kislovsky (K13).
According to the firm, TMX Atrium’s presence within key locations in London, Frankfurt and Moscow helps firms benefit from arbitrage opportunities among these markets and provides access to venues, brokers and clients actively connected to the Moscow market.
Last August, TMX Atrium also added ultra-low latency access to the Moscow hub at M1 and completed a diverse connectivity option from Frankfurt to Moscow at the start of the year.
Alexander Afanasiev, Moscow Exchange CEO, claims that partnering with a provider such as TMX Atrium is becoming an increasingly important requirement.
And according to Emmanuel Carjat, TMX Atrium managing director, appetite for access and operation within the Moscow markets is growing and the firm anticipates this trend will continue as the market develops and investors look to implement increasingly complex trading strategies.
He adds: “The Moscow Exchange offers opportunities for trading cash equities, Russian derivatives, Russian FX and Russian fixed income; asset classes that are becoming increasingly important for the international trading community.”
TMX Atrium’s additional announcement that it had established connectivity to the Kislovsky 13 (K13) enables low latency access between The Moscow Exchange trading engines in both production and disaster recovery locations.
Carjat claims the firm can now offer a complete solution for clients looking to access and trade the Russian markets.
“Our work with Russian brokers and the Moscow Exchange ensures we can take participants to different key points in and across Moscow and also effect introductions for participants new to the Moscow market,” he adds.