Fidessa demonstrates its continued commitment to the Canadian
marketplace by choosing world-class data centre
TORONTO, Feb. 8 /CNW/ - 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.
"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
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.
For Market Openings: Media may pick up a feed from the TOC (television operations centre)
for all market open ceremonies. The feed is named TSX Transmit 2 and is
produced at the TMX Broadcast Centre and sent live to the TOC. Those
featured in the market opening move into position for the market open
ceremony at approximately 9:27 a.m. and the markets will open with the
sound of a siren (the traditional market open on Toronto Stock
Exchange) at 9:30 a.m.
About Fidessa group
Fidessa group is the leading supplier of high-performance trading,
portfolio analysis, decision support, compliance, market data and
connectivity solutions for firms involved in trading the world's
financial markets. Fidessa's products and services are built on the
simple vision of making it easier to buy, sell and own financial assets
of all types on a global basis.
A dynamic, growing company with a proven track record, Fidessa is
recognised as the thought leader in the marketplace, with an unrivalled
set of products and services which set the benchmark for this industry
and, uniquely, serve both the buy-side and sell-side communities
With 29 years' experience delivering powerful, resilient,
mission-critical systems, Fidessa develops all its products itself from
the ground up, investing heavily in their continual evolution. The
resulting leading-edge, truly integrated solutions have established
Fidessa as the industry's number one choice, and are used by over 85% of
tier-one, global financial institutions.
Headquartered in London and with regional operations across Europe,
North America, Asia, and the Middle East, Fidessa supports 26,000 users
across around 900 clients, serving a broad spectrum of customers from
major investment banks and asset managers through to specialist niche
brokers and hedge funds.
Fidessa group is listed on the London Stock Exchange (symbol FDSA) and
is a FTSE 250 company. Fidessa has a turnover of over £250m, has
delivered around 30% compound growth since its 1997 listing and now
employs 1,500 people globally.
About TMX Group (TSX-X)
TMX Group's key subsidiaries operate cash and derivative markets for
multiple asset classes including equities, fixed income and energy.
Toronto Stock Exchange, TSX Venture Exchange, Montreal Exchange,
Natural Gas Exchange, Boston Options Exchange (BOX), Shorcan, Equicom
and other TMX Group companies provide trading markets, clearing
facilities, data products and other services to the global financial
community. TMX Group is headquartered in Toronto with offices in
Montreal, Calgary and Vancouver. For more information about TMX Group,
visit our website at www.tmx.com.
SOURCE Toronto Stock Exchange
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