NEW YORK (October 17, 2005) â BT Radianz, one of the leading global providers of financial services connectivity, announced today that the Luxembourg Stock Exchange, a major listing center for international bonds and investment funds, will use BT Radianzâs platform to distribute market data. The Exchange joins more than 40 other execution venues worldwide that currently distribute market data services or enable access to trading applications over BT Radianz.
As a part of the agreement, the Luxembourg Stock Exchange will use BT Radianzâs shared infrastructure to provide market participants, including data vendors, with access to information products that increase the visibility and transparency of the securities listed on the Exchange.
Dominique Valschaerts, Member of the Executive Committee, at the Luxembourg Stock Exchange, said:
"Over the past year the Exchange has seen an increasing demand for fast, direct access to its data feeds from market participants outside of Benelux. As a result of our new relationship with BT Radianz, we can now deliver our data to the widest range of potential customers with as little latency as possible. Moreover, the breadth and depth of BT Radianzâs shared infrastructure will help the Exchange broaden its reach and expand into other major market centers worldwide."
Concurrently, the Exchange and BT Radianz also announced that Tenfore, a provider of real time and historic market data and technology solutions, is live on RadianzNet and leveraging its BT Radianz infrastructure for direct access to the Exchangeâs data feeds.
Richard Barden, Head of Product Management, at Tenfore, said:
"Through one fully managed connection provided by BT Radianz, we can get fast, direct access to the Luxembourg Stock Exchangeâs data feeds as well as other feeds from major exchanges across the globe to supplement our existing content sets. BT Radianz offers ultra low latency as well as high reliability, and as such it is a valuable source for us to gather time sensitive market information we can then distribute to our customers."