Nasdaq Nordic Colo Deployment Further Strengthens TNS’ European Exchange Footprint and Managed Hosting Services

RESTON, Va. ~ Transaction Network Services (TNS) has gone live within the Nasdaq Nordic colocation data center, allowing the organization to offer managed hosting services and exchange access via Layer 1 connectivity to Nasdaq Nordic's Equity and Derivatives markets.

This new location has been integrated into TNS' low latency network, providing firms, including market data vendors and exchange members, with market data and order entry access to the Nasdaq Nordic equities and derivatives markets from any location on the TNS backbone around the world.

Jeff Mezger, TNS' Vice President of Product Management, Financial Markets said: "We are delighted to add this latest exchange solution to further strengthen our European exchange connectivity and managed hosting capabilities. We also remain focused on delivering market data to any location globally, via our low latency backbone which is specifically designed to minimize network latency and packet loss."

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This announcement is part of a planned expansion of TNS' European managed hosting and Layer 1 offering, which already covers colocation within BME, CBOE Europe, Deutsche Boerse, Euronext and LSE data centers. Other European exchanges supported by TNS for market data and exchange access include LME, SIX Swiss and Vienna Stock Exchange.

As a registered data vendor within the Nasdaq Nordic exchange, TNS can deliver its offering at a lower overall cost compared to a DIY approach. This allows trading firms to focus on their core business instead of diverting internal resources towards maintaining an extensive specialized infrastructure.

TNS brings together over 2,800 financial community endpoints supported by a global 125-strong point-of-presence footprint. These solutions are monitored 24x7x365 by TNS' Network Operations Centers in the US, UK, Australia and Malaysia.

With this new development in place, Transaction Network Services is now able to provide customers with improved access to Nasdaq Nordic's Equity and Derivatives markets from any location on its low latency backbone around the world.
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