TNS boosts backbone in Europe as market data volume balloons

Transaction Network Services (TNS) has expanded its European offering as the network handles ever-increasing market data volumes and brings on new exchanges.

The network has been reengineered to ensure maximum uptime, resiliency and data delivery and to support the lowest commercially available latency between key European financial centres as well as moving market data from the US and Asia to Europe.

Jeff Mezger, vice president of product development, TNS

Jeff Mezger, TNS vice president of product development, told BEST EXECUTION that the upgraded network now has the capacity to ensure customers do not experience packet loss or service outages due to increasing market data feed volumes.

“We now utilise 40 Gbps and 100 Gbps circuits as they offer lower latency network links, compared to the 10 Gbps routes offered by some,” Mezger said.

TNS also took the opportunity to ensure it was deploying the latest generation switching hardware at each location and upgraded both its primary and secondary network paths, to ensure full end-to-end diversity of its A and B market data feeds.

TNS has points-of-presence (PoPs) in 60 global exchanges and local personnel with existing exchange relationships.

TNS connects to Wiener Borse, SIX Swiss, Tel Aviv Stock Exchange and Borsa Istanbul via its remote PoPs in Europe.

©Markets Media Europe 2023

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