Stock exchange simplifies cost and streamlines connectivity via Platform Equinix
Highlights / Key Facts
- Spurred by requests from customers already located in the Equinix TR1 facility, CNSX Markets expanded its infrastructure into TR1 to streamline connectivity and reduce costs.
CNSX Markets, a recognized stock exchange, is the operator of two
Canadian National Stock Exchange(CNSX) and Pure Trading™. CNSX is a venue for listing and trading of Canadian public companies, primarily in their early stage of development. Pure Trading provides a low latency/high performance continuous auction market system for securities listed on other Canadian stock exchanges.
Location directly affects cost trajectories, system performance and a
financial institution’s ability to keep up with fast moving trends.
CNSX Markets’ new PoP in
Torontopositions its systems for maximum connectivity, performance and agility, which lowers the barrier to entry for dealer participation.
Equinix’s TR1 IBX data center is located in the preeminent
telecommunications carrier hotel and data center facility in
Canada. TR1 provides CNSX Markets with a full array of premium data center and support services with extensive network choice and the ability to interconnect to customers and partners across the financial services ecosystem.
Richard Carleton, CEO, CNSX Markets:
“The Equinix data center in downtown
Torontorepresents a significant concentration of equity market liquidity in Canada. As an organization, we are constantly looking for ways to assist our dealers and other market participants to reduce costs and network management challenges. By offering our customers a low cost, high performance access to our services through the new point of presence at Equinixwe can broaden the access and visibility of our marketplaces.”
Stewart Orrell, managing director, Global Financial Services, Equinix:
“CNSX’s point of presence will be a valuable addition to our growing financial ecosystem, offering direct access to an even wider range of securities and market data available from one location.”
to the World’s
New Financial Center[video]
- Rewriting the Rules for Financial Trading Infrastructure [whitepaper]
About CNSX Markets
Pure Trading provides a high capacity/low latency continuous auction market for the trading of securities listed on other Canadian stock exchanges. In operation since 2003, CNSX is an innovative venue for trading the securities of public companies. CNSX’s unique market model matches enhanced disclosure and streamlined issuer regulation with leading edge technology and comprehensive regulatory oversight to capital formation and efficient secondary market trading for entrepreneurs, public companies, investors and investment dealers. www.cnsx.ca.
Forward Looking Statements
This press release contains forward-looking statements that involve
risks and uncertainties. Actual results may differ materially from
expectations discussed in such forward-looking statements. Factors that
might cause such differences include, but are not limited to, the
challenges of acquiring, operating and constructing IBX centers and
developing, deploying and delivering
International Business Exchange is a trademark of
Melissa Neumann, +1 650-598-6098
GolinHarris for Equinix, Inc.
Liam Rose, +1 415-318-4380
Pina De Santis, +1 416-572-2000