IPC provides express trading connectivity to Toronto Stock Exchange
First Published 27th April 2011
IPC provides connectivity link to TMX, backed by sub-10 millisecond express trading route between Toronto and New York City
IPC Systems has extended its financial network with ultra low latency connectivity to TMX Group's Toronto Stock Exchange, TSX Venture Exchange and Montreal Exchange venues.
"TMX Group is committed to providing our trading and data customers with the highest levels of performance and reliability, and are delighted to extend our ultra low latency connectivity options through a direct connection to IPC's global financial network. IPC's presence in TMX's co-location facility allows IPC to serve the connectivity needs of our broad co-located client base," commented Eric Sinclair, President, TMX Datalinx and Group Head of Information Services. "As Canada's largest liquidity venue we believe that TMX Group continues to represent an attractive trading destination for international investors, and we look forward to increased interest from the growing number of trading firms that choose to connect via IPC's portfolio of Electronic Connectivity Services."
"Canada is becoming a key venue for the international trading community, and we're delighted to add the TMX Group's equities and derivatives exchanges to our global financial network," added Jeffrey Britell, Vice President, Global Carrier and Exchange Relations at IPC. "Thanks to our major North American investment program, we're delighted to bring 10Gbps dedicated connectivity to the TMX Exchanges, and we're excited to be providing our IPC Electronic Connectivity Services customers with a reliable, secure, ultra low latency link to key destinations such as TMX."