Luxembourg-headquartered infrastructure provider TMX Atrium has added connectivity to Tradition's Trad-X, a trading platform for over-the-counter (OTC) derivatives.
TMX Atrium will connect to the platform from the Equinix LD4 data center in London, thereby providing its Central and Eastern European and North American brokers with access to European interest-rate swaps.
"The fixed-income market is becoming increasingly electronic, which is creating renewed interest from participants looking for supplementary forms of electronic price discovery to complement their complex and varied trading strategies," says Emmanuel Carjat, managing director of TMX Atrium.
"Adding Trad-X highlights the growing range of asset classes available across the TMX Atrium community, which includes cash equity and derivatives, foreign exchange (FX), and commodities, as well as fixed income and derivatives."
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