Atrium Network Offers Connectivity to BATS Europe

2 September 2008

Atrium Network, provider of smarter connectivity for the financial community, announced today that it is offering connectivity to BATS Europe, the pan-European multilateral trading facility scheduled to launch in November.

Commenting on the connectivity to BATS Europe, Emmanuel Pellé, Director of Atrium Network said, “For the first time in Europe, clients have choices when trading European equities. At Atrium Network we fully support efforts by BATS Europe and other industry participants to provide greater competition in trading, clearing and settlement. However, choice can only be realised through connectivity and we are proud to offer our clients’ access to BATS Europe. Atrium Network’s clients can take full advantage of the competitive price and cost opportunities on offer via our community extranet. Through a single point of connection, they will have access to the emerging liquidity pools and, as such, Atrium Network helps them fulfil their best execution obligations.”

Mark Hemsley, chief executive of BATS European Markets division, said, “We are delighted that Atrium Network’s diverse customer base is now well positioned to connect to BATS Europe. BATS will continue its aggressive push to connect to key market players in our efforts to Make Markets Better in Europe.”

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