FX Platform Trad-X Joins TMX Atrium Network

TMX Atrium, the network and connectivity arm of Canadian exchange group TMX, has connected its network to Trad-X, interdealer broker Tradition's hybrid over-the-counter derivatives trading platform for European interest rate swaps, providing connectivity to the Trad-X matching engine in TMX Atrium's co-located facility in Equinix's LD4 datacenter in Slough, London, to enable brokers and community members in Central and Eastern Europe and North America to access real-time data from the platform.

 

 

 

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Where have all the exchange platform providers gone?

The IMD Wrap: Running an exchange is a profitable business. The margins on market data sales alone can be staggering. And since every exchange needs a reliable and efficient exchange technology stack, Max asks why more vendors aren’t diving into this space.

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