Emmanuel Carjat, MD, TMX Atrium
"Electronic price discovery across the commodity markets is becoming standard for members of the financial services industry."
London - TMX Atrium has announced that the London Metal Exchange has joined TMX Atrium's community to access multi-asset trading locations.
TMX Atrium has linked to LME at LD4 (London 4) and Interxion, to deliver access to the LME for members of TMX Atrium's community.
TMX Atrium's access to LME's trading and back-up data centres allows members of the TMX Atrium community to re-purpose their connectivity infrastructure to trade between equity, FX, derivative, multi-asset class and commodity venues. This is a capability increasingly required as greater electronic price discovery moves into hard commodities.
Emmanuel Carjat, Managing Director, TMX Atrium said, "TMX Atrium has a pure focus on the financial services industry. We listen to client requirements and implement access solutions to venues, markets and asset classes in response to these changing needs. Electronic price discovery across the commodity markets is becoming standard for members of the financial services industry. Adding LME to the TMX Atrium community further increases the range of trading venues available to our international trading community."
Chris Evans, Head of Business Development, LME added, "We have invested significantly in our platform to reduce latency and to ensure that we remain attractive to the new breed of investors looking to trade metals electronically. TMX Atrium's connectivity capabilities offer LME market participants another choice in how they access our exchange."