Brazilian trading system provider Americas Trading Group (ATG) has selected NYSE Technologies, the technology arm of exchange group NYSE Euronext, as a primary technology provider for the development and operation of a new execution platform for Latin American markets.
The system is designed to provide buy-side market participants with a single point of access to brokers and exchanges in Brazil, Mexico, Chile, Colombia, Peru and Argentina. Clients in those markets can also route orders to the destinations available through NYSE Technologies’ secure financial transaction infrastructure (SFTI) network.
ATG offers trading tools of its own, including algorithms, latency monitoring services and a proprietary execution management system.
“ATG's clients will benefit from low-latency network connectivity to global markets, locally developed algorithms and trading screens, monitoring tools and advanced technical and business intelligence reports,” said Fernando Cohen, CEO of ATG.
He said that his firm had partnered with NYSE Technologies to reach a broader community of investors than would otherwise be possible, by using the SFTI to let firms increase their access to international markets.
Rio de Janeiro-based ATG was founded in 2010, and has local offices in Sao Paulo, Mexico City, Santiago and Miami. The firm also operates six data centres across Mexico and Brazil.