TSX Datalinx will expand the availability of market data information for its customers across North America by becoming a market center on the Secure Financial Transaction Infrastructure. SFTI is the NYSE TransactTools communications network dedicated to the financial industry.
NYSE TransactToolsSM and TSX Group today announced that TSX Datalinx will expand the availability of market data information for its customers across North America by becoming a market center on the Secure Financial Transaction Infrastructure® (SFTI®).
SFTI is the NYSE TransactTools communications network dedicated to the financial industry. It is designed to be resistant to man-made and natural disasters, while speeding recovery after a crisis. This highly reliable, resilient, and low latency network currently offers customers connections to NYSE as well as other exchanges, market centers and content service providers and also connects to over 800 market participants, including all of the National Market System markets in the United States . As recently announced, SFTI is now FIX-enabled, providing open, standards-based access for data and trading. The OMS neutral FIX router enables customers to get to any destination through a single FIX connection.
Through SFTI B2B, customers will have access to TSX products such as Toronto Level 1 & 2, TSX Venture Level 1 & 2, Index Service Level 1, and other Canadian market data as well as TSX/CP Equities News with extremely low latency.
"In today’s world, the demand for instantaneous, uninterrupted information flow continues to grow significantly. It is critical for TSX to deliver our market data at the lowest latency” said Eric Sinclair, Senior Vice-President, TSX Datalinx. “SFTI is a proven high-end, low latency market data provider that reaches all the key financial players in all the key markets. By linking to SFTI, TSX is well positioned to meet those market demands, expand our reach, and lower the cost of acquisition to the U.S. market.”
SFTI is specifically designed to meet the financial industry's need for a highly resilient data communications infrastructure while providing for low latency communications between entities. There is no single point of failure. All of SFTI's equipment, connections, power supplies and network links are redundant and its architecture features independent, self-healing fiber-optic rings. Even if a SFTI fiber pathway is compromised, financial data traffic will continue to move uninterrupted along another pathway, improving the industry's protection against possible threats.
“We welcome TSX to the list of exchanges, market centers and content services providers available via SFTI B2B, stated Sam Johnson, NYSE Euronext Executive Vice President, and CEO of NYSE TransactTools. “They are the first of many market centers where we plan to expand internationally”.
About TSX Group Inc. (TSX-X)
TSX Group operates Canada's two national stock exchanges, Toronto Stock Exchange serving the senior equity market and TSX Venture Exchange serving the public venture equity market, Natural Gas Exchange (NGX), a leading North American exchange for the trading and clearing of natural gas and electricity contracts and Shorcan Brokers Limited, the country's first fixed income inter-dealer broker. TSX Group also owns The Equicom Group Inc., a leading provider of investor relations and related corporate communication services in Canada . TSX Group is headquartered in Toronto and maintains offices in Montreal , Winnipeg , Calgary and Vancouver .
About NYSE TransactTools
NYSE TransactTools, a wholly owned subsidiary of NYSE Euronext (NYSE Euronext: NYX), delivers the broadest range of flexible end-to-end solutions for connecting enterprise systems, routing transactions, translating and validating messages, monitoring and analyzing real-time business activity, and testing high-performance trading applications. Providing core technology to 17 of the 20 largest securities firms in the world, in addition to providing communications infrastructure to hundreds of other firms, NYSE TransactTools is the leading provider of connectivity for the largest global liquidity pool.
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