Transaction Network Services (TNS) has entered into a new partnership to become a data vendor and connectivity provider for Spain’s principal stock exchange, Bolsas y Mercados Españoles (BME).
TNS will offer market data and order entry access to the Spanish exchange’s own electronic trading platform SIBE platform.
As part of the mandate, TNS will also offer market data and order entry access to the derivatives exchange, Mercado Español de Futuros Financieros (MEFF).
TNS connects to BME via its BME London Hub in Equinix LD4 and Interxion LON1.
These connections provide TNS clients with access to all BME systems and services located at its main site in Madrid.
Jeff Mezger, vice president of product management at TNS, says: “TNS brings extensive experience in managing multicast market data and in providing solutions which scale with ever-expanding bandwidth requirements. We have significantly invested in our data portfolio over the last few years enabling us to provide access to most European equities.”
