Atrium Network, a connectivity provider, is to provide connectivity to Turquoise, a pan-European multilateral trading facility (MTF).
Turquoise is backed by nine leading investment banks and is due to launch in September this year.
“At Atrium Network we fully support efforts by Turquoise and other industry participants to provide greater competition in trading, clearing and settlement,” said Emmanuel Pellé, director of sales and marketing at Atrium, in a statement. “Atrium Network’s clients can take full advantage of the competitive price and cost opportunities on offer via our community extranet. Through a single point of connection, they will have access to the emerging liquidity pools.”