Atrium Network announced it upgraded the exchange ring connecting New York to Toronto to 10 gigabits per second as the firm looks to improve its existing latency performance.
Atrium Network said it made the move ahead of an anticipated burst of market data, messaging and order flow. The firm added that the upgrade also came in response to growing demand for a flexible connectivity fabric that would enable users to arbitrage opportunities between Toronto and New York.
“Building on our expansion in Toronto we already have new participants transacting and trading in the Toronto region as well as other participants using the upgraded connectivity to enhance their access to the New York,” Atrium Network Chief Executive Emmanuel Carjat said in a statement. “We will continue our focus on coverage, latency and bandwidth expansion to ensure that trading participants receive the fastest possible path to multiple markets.”
As the Senior Editor of Advanced Trading, Justin Grant plays a key role in steering the magazine's coverage of the latest issues affecting the buy-side trading community. Since joining Advanced Trading in 2010, Grant's news analysis has touched on everything from the latest ... View Full Bio