Market connectivity provider Atrium Network has been certified to provide access to US equity options venue BATS Options and BATS BYX Exchange.
Clients of Atrium Network's exchange ring will be able to use the existing infrastructure in place at BATS' data centres to receive real-time market data feeds from the two venues.
“In February 2010 we announced the availability of BATS Multicast Pitch on our connectivity platform; we're therefore delighted to continue the partnership and provide connectivity to BATS' new equity and options markets,” said Emmanuel Pellé, chief operating officer of Atrium Network.
“Customers want a choice in how they connect and route to BATS and Atrium Network allow us to provide this choice,” adds Chris Isaacson, COO of BATS Global Markets, the parent company of BATS BYX Exchange and BATS Options.
In addition, Atrium Network has deployed new technology from data solutions provider NovaSparks to further reduce the latency of its market data offering.
Atrium will use NovaSparks field-programmable gate array application (FPGA) at its New York connectivity centre, which both firms claim will dispatch and receive real-time market data from multiple market sources in less than one microsecond.
Participants will also be able to use the market data feed in a test environment, allowing them to refine their trading strategies.
“The physical location of our appliances – traditionally next to venue gateways – and the FPGA technology we use helps our customers address specific geographic and time zone challenges,” said Yves Charles, CEO of NovaSparks. “Our FPGA technology has been specifically designed to give clients a competitive edge for ultra-low latency market data feed handling. We have already started testing with our clients to ensure they trial the full benefits of ultra-low latency infrastructure.”