Nyse Technologies, the commercial technology division of Nyse Euronext, today announced the opening of its latest Liquidity Center installation in Toronto, ON Canada.
As one of the key trading locations identified by NYSE Technologies in building its global Liquidity Center Network, the Toronto trading solution offers a combination of services that provide high-performance access to markets, market information and other essential electronic trading infrastructure services.
Upon identifying the initial key trading destinations for Liquidity Center installations, NYSE Technologies viewed Toronto as a top global trading destination as evidenced by its 40% growth in trading activity, multiple ATSs as well as energy and mining depth. The Toronto facility joins existing liquidity centers in the U.S., London, and most recently, Tokyo. Additional centers are anticipated for other locations around the world in the future.
"Toronto has experienced nearly 40% growth from 2010 to 2011 and we are very pleased to have our Toronto Liquidity Center fully operational and available for customers. It continues the realization of our virtual capital markets community strategy designed to provide customers with high-performance access to key global markets and services that empower them to trade more effectively at a significantly lower cost with greatly reduced friction," said Stanley Young, CEO, NYSE Technologies. "Through this Toronto hub, we can deploy our core NYSE Technologies services to equalize market accessibility through simplified connectivity, ultra low-latency data products and world-class technology solutions."
About the Liquidity Center Network
The NYSE Technologies Liquidity Center Network was created to provide a base set of trading, data and connectivity applications that enable traders to quickly and easily enter key global markets that may have been prohibitively difficult or expensive to access in the past. Customers will benefit from reliable, cost effective low-latency solutions for trading and market data services. From each of these facilities strategically located around tound the world, NYSE Technologies will offer many of its core services, including the Risk Management GatewayTM (RMG), which provides low latency, risk-managed access to markets; SuperFeedSM, an industrial strength, high-performance market data ticker plant and distribution system; and Marketplace™, one of the largest and most diverse FIX-based trading communities with more than 1,200 market participants.