Transaction Network Services (TNS), a global provider of data communications and interoperability solutions, headquartered in Reston, Virginia, with customers in more than 60 countries spanning the Americas, Europe and Asia Pacific, has signed a new agreement with Cboe Europe. TNS will become a registered ‘managed hosting’ vendor for Cboe’s European equities market data, delivering connectivity and market data services for Cboe Europe from the Equinix LD4/LD5 data center campus in the UK.
Cboe Europe is one of the largest pan-European equities stock exchange operators. Cboe Europe’s data center in the Equinix LD4/LD5 data center provides traders with low-latency access for both market data and order routing services.
“Cboe Europe has been a valuable order routing endpoint within our 2,800 strong financial community of interest for many years,” said Jeff Mezger, Director of Product Management, TNS. “We are delighted to now be extending our relationship with this prestigious group and providing easier, more efficient access to market data from its European equities order books in London and Amsterdam.”
Cboe is one of the world’s largest exchange holding companies, operating markets across a diverse range of products in multiple asset classes and geographies, including options, futures, US and European equities, exchange-traded products, and global foreign exchange. Its European equities exchange offers trading in more than 6,000 securities from its markets in London and Amsterdam.
“We are pleased to welcome TNS as a registered vendor,” said Stephen Dorrian, Director, Market Data, at Cboe Europe. “Its technology is used for order routing by many of our trading participants, and we look forward to working with them.”
60 Internet Exchanges Globally
TNS offers traders access to a diverse, global network that is connected to more than 60 exchanges around the world and over 2,800 participants in the financial services industry. TNS’ managed hosting and colocation customers benefit from a lower total cost of ownership over standard ‘build your own’ options.
Specifically designed and engineered to address the needs of financial market participants worldwide, TNS provides a range of connectivity, colocation, cloud, market data and VPN solutions. In 2020, TNS celebrates 30 years of being a worldwide provider to global companies in the most mission critical industries.
TNSXpress, which is TNS’ infrastructure as a service (IaaS) managed colocation platform, includes “ultra-low latency” Layer 1 connectivity technology and “robust” global market data services. TNS’ solutions are monitored 24x7x365 by TNS’ Network Operations Centers in the US, UK and Australia.