Traderforce reduces costs with Atrium connection

Atrium Network, a connectivity provider, has added trading solutions and market data provider Traderforce to its extranet community.
By None

Atrium Network, a connectivity provider, has added trading solutions and market data provider Traderforce to its extranet community. Traderforce offers its clients a suite of solutions that includes electronic trading services, market data and risk management on a single platform.

Emmanuel Carjat, CEO of Atrium Network, said the link would provide cost savings and performance improvement for Traderforce and its customers. “We have common clients that connect to Traderforce through our network,” Carjat told theTRADEnews.com. “Traderforce was looking for a more cost-effective and lower latency method of delivering its services to clients, which is what we provide.”

Philippe Iteney, CIO at Traderforce, added, “Atrium Network is the right solution for Traderforce because it provides high security measures which isolate Traderforce feed traffic from other applications. By joining Atrium Network, not only will our mutual clients benefit from reduced connectivity costs, but we also look forward to extending our reach to other global Atrium Network clients.”

The Atrium Network extranet gives its users a single point of access to exchanges, multilateral trading facilities, clearing houses, central securities depositories and market data providers.

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