(ĢƵ) has deployed network connectivity in all major Canadian financial exchange markets in a series of partnerships announced today. Now, all brokers, analysts, traders and investors which are part of the ĢƵ worldwide financial community can access Canadian markets leveraging ĢƵ’ trading infrastructure.
The Canadian expansion includes seven exchanges: TradelogiQ, NEO Exchange, Canadian Securities Exchange (CSE), Nasdaq Canada and CBOE MATCHnow, as well as the Toronto Stock Exchange (TSX) and Montreal Exchange (M-X), both part of TMX Group.
ĢƵ now offers its full suite of infrastructure services, including colocation and ultra-low latency Layer 1 connectivity, with TMX out of the Markham data center, and provides managed hosting services within Equinix TR2 data center where the other exchanges are located. ĢƵ also has added new Canadian data feeds to its portfolio, helping to enable greater efficiencies for market data connectivity and order routing.
“This market launch across Canada connects millions of financial buyers and sellers and brings them up to speed on the world’s first globally deployed, highly reliable, and fast commercial backbone,” said Jeff Mezger, ĢƵ’ Vice President of Product Development for its Financial Markets business. “ĢƵ is proud to help Canadian financial markets increase uptime and reduce disruption with our single-source solutions suite.”
Canada represents a significant milestone in ĢƵ’ systematic global expansion plans over the last few years. The deployment of services across these exchanges brings critical mass and momentum to ĢƵ’ interconnected, worldwide trading infrastructure, and represents a major step in bringing best-practice financial industry operations to a new level of access, monitoring, orchestration and security.
The ĢƵ low-latency network connectivity in Canada allows customers to access all equities and derivatives markets alongside the established, comprehensive ĢƵ European, APAC and US exchange infrastructure. ĢƵ’ mutualized exchange connections deliver a multitude of solutions, including the full, managed services suite, colocation and hardware procurement, all at lower costs than traditional self-managed and siloed exchange systems.
The completion of the build-out complements recent deployments in Hong Kong, Tokyo, Singapore, Madrid and Johannesburg, all with exchange connectivity to any point on the ĢƵ backbone, including New York, Chicago and London. Further network infrastructure services expansion in 2023 includes Stockholm and Sydney.
ĢƵ brings together over 2,800 financial community endpoints, supported by a global, 125-strong point-of-presence footprint. Specifically designed and engineered to address the needs of financial market participants worldwide, ĢƵ offers a range of connectivity, colocation, cloud, market data and VPN solutions within its Infrastructure-as-a-Service (IaaS) portfolio. Its solutions are monitored 24x7x365 by ĢƵ’ Network Operations Centers in the US, UK, Australia and Malaysia.
