TNS Goes Live with NASDAQ OMX Europe
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RESTON, Va.--(Business Wire)-- Transaction Network Services` (NYSE:TNS) Secure Trading Extranet now offers connectivity to NASDAQ OMX Europe. The deal makes NASDAQ OMX Europe available to TNS` 1,500-strong financial community of interest, which includes buy and sell side institutions, trading application providers, stock exchanges, electronic communications networks (ECN`s) and alternative trading systems across the Americas, Europe and the Asia Pacific region. Existing and new users of the multilateral trading facility (MTF) will also be able to use TNS for fast, secure and reliable connectivity under the terms of the agreement. John Owens, Vice President of Exchanges and ECNs for TNS` Financial Services Division, said: "We are delighted to be working with NASDAQ OMX Europe and see this very much as a win-win situation for all involved. Increasing the number of alternative trading venues connected to our Secure Trading Extranet gives our customers more choice when making trading decisions, while for NASDAQ OMX Europe, linking to our network makes it easier for organisations to do business with it. "NASDAQ OMX Europe is a dynamic new platform and we anticipate many market participants will be interested in learning more about what it has to offer. We are pleased to be helping the team as the MTF carves out its position in the industry." Todd Golub, Vice President and COO of NASDAQ OMX Europe added: " We are committed to providing a superior trading experience for our participants through initiatives such as order routing, high speed trading with extremely low latency and highly competitive pricing. Our connection to TNS` Secure Trading Extranet will play a role in helping us achieve this. Through TNS we are able to offer our customers a greater choice in how they connect to us and satisfy a growing demand for ultra-efficient, high-speed trading." TNS` extensive client community incorporates over 1,500 financial community end-points, representing buy- and sell-side institutions, market data and software vendors, exchanges and alternative trading venues. For further information about TNS log onto www.tnsfinancial.com About Transaction Network Services Transaction Network Services (TNS) is an international data communications company that enables payments, money and voices to move around the world. TNS` mission is to enable the world to transact. It does this through a broad range of networking, communications and value added services, which it provides to many of the world`s leading retailers, banks/processors, telecommunications companies and financial markets. Since its inception in 1990, TNS has designed and implemented multiple data networks, each designed specifically for the transport of transaction-oriented data. TNS' networks support a variety of widely accepted communications protocols and are designed to be scalable and accessible by multiple methods. Today, TNS has offices throughout the world serving customers in 28 countries with the ability to provide services in other countries. For further information about TNS, visit www.tnsi.com. Statements and information contained in our press releases and newsletters that are not descriptions of historical fact may contain forward-looking statements. Forward-looking statements involve a number of risks, uncertainties or other factors beyond our control, which could cause actual results to differ materially from historical results or performance and from any opinions or statements expressed with respect to future periods. www.tnsi.com Ptarmigan Bell Pottinger Paul Rogers/ Kelly Gough Tel: +44 (0)113 237 2821 paulr@ptarmiganpr.co.uk kelly@ptarmiganpr.co.uk or TNS Clare Cockroft Tel: +44 (0)114 292 6416 ccockroft@tnsi.com Copyright Business Wire 2009
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