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  3. TNS offer access to move trading operations when the LSEG data centre relocates
Industry news

TNS offer access to move trading operations when the LSEG data centre relocates


13 January 2022 United Kingdom
Reporter: Jenna Lomax

Generic business image for news article
Image: syntex
Transaction Network Services (TNS) will enable firms wanting to co-locate and directly access the London Stock Exchange Group (LSEG) to move trading operations when the LSEG data centre relocates from its current London City location to a new London site this year.

TNS has secured infrastructure capacity in the new data centre and, as with its other global co-location sites, will leverage its Layer 1 switching solution to deliver low latency mutualised market access, while also deploying the lowest latency network connectivity to bring the relocated LSEG data centre onto its global network.

TNS?Layer 1 was the first architecture of its kind to be offered and deployed globally and delivers connectivity in as little as 5 to 85 nanoseconds.

The LSEG ?is home to several capital formation and execution venues including the London Stock Exchange and Tradeweb, offering customers access to capital markets and liquidity across multiple asset classes.

Alastair Watson, Europe, Middle East and Africa managing director of TNS’ financial markets business, says: “We provide a full suite of low latency services, including order routing, market data access and the procuring, installing and management of trading infrastructure, saving clients crucial nanoseconds in the race to execute trades.”

He adds: “Working with TNS is extremely cost effective as it avoids those responsible for electronic trading having to research, acquire and maintain their own exchange connections, data centre space and equipment.”
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