Source: Fixnetix
Fixnetix, managed services provider for ultra-low latency market data, trading and risk control, announced today a Canadian footprint as a vendor for TMX Group's subsidiaries including Toronto Stock Exchange, TSX Venture Exchange, TMX Select, Alpha and Montreal Exchange.
In addition to TMX Group, Fixnetix has become a VOR for Chi-X Canada ATS Limited, a wholly owned subsidiary of alternative trading venue operator Chi-X Global Holdings LLC. Expanding into the Canadian region by offering market data from leading trading venues is phase one of a multiple strategic phase process slated to respond to regulatory demands with a fully managed outsourced services model.
"Establishing a Canadian presence for market data from TMX Group and Chi-X Canada® greatly enhances the 89 market worldwide Fixnetix network," says Hugh Hughes, Chief Executive of Fixnetix. "We have been operating successfully for over seven years by putting the customer first, this allows us to continue to do so."