AboveNet Opens Low-Latency Connection to BATS Chi-X Europe

london-panorama
AboveNet's network allows for low-latency connections to European markets.

Connectivity provider AboveNet has announced that its fiber optic network will now allow connections to BATS Chi-X Europe's trading platform.

AboveNet's finance-specific connectivity network, FinanceNet, specializes in low-latency access to US and European markets. BATS Europe and Chi-X Europe's equity trading platform is the largest on the continent by volume traded, accounting for around 20% of market share. BATS Global Markets acquired Chi-X Europe in November 2011, with the migration of technology to BATS scheduled to be completed by the end of April 2012.

"AboveNet has a well established expertise in providing the financial sector in the U.S. and U.K with secure, fast, Ethernet networks," says Brett Johnson, vice president, business development for AboveNet Europe. "We have the diverse international routes in place, and we are looking forward to working with BATS Europe and Chi-X Europe trading participants to meet their high-bandwidth connectivity needs."

 

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.

Most read articles loading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here