Transaction Network Services (TNS) has expanded to include six Latin American equities and derivatives exchanges in its network, in a bid to enhance its global market data and connectivity infrastructure.
Jeff Mezger
The expansion encompasses the Mexican Stock Exchange (BMV), the Mexican Derivatives Exchange (MexDer), Argentina’s BYMA, Chile’s Santiago Stock Exchange, Peru’s Bolsa de Valores de Lima (BVL), and Colombia’s Bolsa de Valores de Colombia (BVC).
The extended offering is expected to help firms access market data without the need to deploy or manage infrastructure in-country and will make use of the nuam exchange access point in Santiago to connect the markets in Chile, Peru and Colombia with a single connection.
Jeff Mezger, TNS’ vice president of product management said: “Our extensive global coverage and local boots on the ground approach means we can support our customers with faster access to data, while also relieving them of the complexity of managing local infrastructure.”
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The firm has said that the offering addresses a growing demand for simple access to market data delivered straight into the US, as well as expanded regional coverage across Latin America.
Specifically, the offering will see TNS acting as the low latency managed service provider for access to the exchanges, while Avelacom will manage the physical presence and circuits from the exchanges to TNS’ network.
“Our collaboration with TNS provides institutional clients with robust, ultra-low-latency access to South America’s key financial markets,” said Lorenz Voss, managing director of Avelacom.
“Our recent build-out in Argentina, Chile, Peru, and Colombia enhances our presence in the region and complements key markets like B3 in Brazil, where we offer fast connectivity between São Paulo, New York, and Chicago.”