TMX Group and Fidessa Canada Corporation today announced that Fidessa has selected TMX's co-location facility to operate its trading solutions.
Fidessa, along with other co-located clients, receives the benefits of direct high-speed access to the Toronto Stock Exchange, TSX Venture Exchange and Montreal Exchange trading engines and market data feeds.
To celebrate, Martin Hakker, Managing Director, Fidessa Canada Corporation, will join Eric Sinclair, President, TMX Datalinx and Group Head of Data Services, to open trading on Toronto Stock Exchange this morning at 9:30 a.m. EST.
"Fidessa is pleased to co-locate at TMX Group's primary data centre. The exchange continues to innovate and Fidessa shares this same spirit of progress by always looking to facilitate more efficient trading, better connectivity and improved service for our customers," said Mr. Hakker.
"TMX Group is delighted that Fidessa has selected our co-location facility located outside of Toronto's downtown core, which provides on-site access to both our cash and derivatives markets," said Mr. Sinclair. "Our co-location services help international capital market participants like Fidessa in trading Canadian markets more efficiently."
Fidessa and its clients will benefit from having the lowest latency access to Canada's central equity and derivatives marketplaces, TMX equity and derivative data feeds and TMXnet GTA/NA low latency network solutions, and will have the opportunity to access TMX Information Processor Products - all of which will help its clients improve their trading execution performance.