Deutsche Boerse, TNS unite to expand Eurex, Xetra latforms

Transaction Networks Services (TNS) is adding Eurex and Xetra to its financial community of interest in a new agreement which will help Deutsche Boerse expand the reach of its key European markets, the company said.

TNS, which provides access to more than 300 market feeds from over 55 stock exchanges and electronic connectivity networks, has a 2,100 endpoint strong financial extranet. Its connectivity, managed hosting and co-location services are used by over 700 financial institutions globally who will now be able to quickly establish new connections with Eurex and Xetra.

TNS´ Secure Trading Extranet provides one-to-many connectivity to a diverse global community. Members enjoy cost efficiency, reliability and high availability, which is reinforced by detailed service level agreements and supported by over 125 points-of-presence.

Optimized for electronic trading, TNS´ robust secure network is relied on by the global financial markets for mission-critical connectivity to multiple diverse trading partners. Many of the world´s most prominent and influential buy- and sell-side institutions, market data and software vendors, exchanges and alternative trading venues have selected TNS´ network. Resilient connectivity is assured by there being no single point of failure across the TNS core network and by connected firms choosing from a variety of diverse physical connections.

As a diversified exchange organisation, Deutsche Boerse Group´s products and services cover the entire value chain in the financial services sector. Its business areas range from the admission of securities to listing, through trading, clearing and settlement to custody services for securities and other financial instruments along with collateral and liquidity management.

Transaction Network Services (TNS) is a global provider of data communications and interoperability solutions. TNS offers a broad range of networks and innovative value-added services which enable transactions and the exchange of information in diverse industries such as retail, banking, payment processing, telecommunications and the financial markets.