London (September 12, 2005) BT Radianz, the leading global provider of financial connectivity services, today announced it has signed an agreement with Euronext, the first cross-border exchange organisation in Europe, to provide access to its market data.
David Stopforth, Head of European Sales, BT Radianz, said: "Euronext joins more than 170 providers distributing products and services through BT Radianz to their customers around the world, further strengthening our industry-leading position in financial services. By working with leading content and service providers to increase market efficiencies, we remain dedicated to building a community exclusively for financial services â a community that already incorporates access to more than 30 major equity and equity derivatives execution venues around the world. Euronextâs decision highlights our strength in providing rapid, low-latency connectivity in the equity and derivatives trading markets."
AndrÃ© Went, managing director of Euronext Information Services, said: "Through BT Radianzâs shared market infrastructure, we can better serve our growing customer base by providing them with a simple and cost effective solution for their connectivity requirements. Importantly, this relationship helps us to distribute Euronextâs market data to a vastly expanded addressable market, particularly in the U.S. and Asia."
The BT Radianz community consists of more than 10,000 financial services customers, most of which use its fast, secure and highly reliable connection to access execution venues worldwide. As a result of this agreement, BT Radianz customers can be given access to Euronext market data quickly and will also be able to upgrade rapidly to cope with increased growth cycles in market data rates.