Fidessa To Use TMX Co-Location Facility

Fidessa Canada has picked TMX Group’s co-location facility to operate its trading solutions.

Fidessa Canada has picked TMX Group’s co-location facility to operate its trading solutions. Fidessa, along with other co-located clients will benefit from direct high-speed access to the Toronto Stock Exchange, the TSX Venture Exchange and the Montreal Exchange trading engines and market data feeds.

Through the deal, 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 as well as TMXnet GTA/NA low latency network solutions. Fidessa will also be able to access TMX Information Processor Products, all of which will help its clients improve their trading execution performance.

Click here for the release from TMX.