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TNS Secure Trading Extranet and Track ECN deliver cost- effective trade execution to shared customers; Rapid network implementation and straight through processing capabilities contributed to 25 percent growth rate for TNS' Financial Services Division in Q2 2005.

Publication: M2 Presswire
Publication Date: 31-AUG-05 		Format: Online - approximately 828 words
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-31 August 2005-TNS: TNS Secure Trading Extranet and Track ECN deliver cost- effective trade execution to shared customers; Rapid network implementation and straight through processing capabilities contributed to 25 percent growth rate for TNS' Financial Services Division in Q2 2005(C)1994-2005 M2 COMMUNICATIONS LTD

RDATE:31082005

London - Transaction Network Services, a leading network and data communications provider for transaction-oriented applications, and Track Data Corporation, parent company of Track ECN, one of the few remaining independent electronic communications networks (ECNs) available to institutional and independent traders, announced today the successful development of a partnership between the two companies.

"Financial institutions utilizing TNS's Secure Trading Extranet to conduct trades through the Track ECN are getting a double benefit," said Alan Grujic, managing director at Infinium...

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