Nasdaq OMX's forthcoming London-based interest-rate derivatives (IRD) platform, NLX, has chosen TMX Atrium to provide its members with market access.
NLX, which will open in the first quarter of 2013 subject to regulatory approval, will offer short- and long-term interest rates in euro- and sterling-denominated listed derivatives products.
"As NLX moves closer to launch, providing the best connectivity to the market is extremely important," says Charlotte Crosswell, CEO, NLX. "TMX Atrium has extensive knowledge and experience of our on-boarding procedures which allows our trading platform and exchange data to be accessed simply and immediately by a wider range of market participants. We look forward to continuing our work with the TMX Atrium team and developing NLX's membership throughout Europe."
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