TSX ‘Quantum’ Platform Posts Median Six Millisecond Roundtrip Latency
The Toronto Stock Exchange (TSX) has revealed that a six millisecond median response time has been consistently achieved since the rollout of its ‘Quantum Revolution’ platform for a clutch of securities trading on the new system. The current trading engine has a capacity of 47 million orders per day with a full load of issues from Toronto Stock Exchange. Market capacity tests have proven TSX Quantum capacity to this threshold, with “economically viable scalability” to one billion orders per day.
“We expect further decreases in latency upon implementation of the new Quantum gateway, which is scheduled between Q2 and Q3 2009,” says TSX spokesman Steve Kee. Photon was the internal project name for the parallel order book, but Kee told Electronic Trading that the exchange had been “working on trademarks and were able to secure TSX Infinity”.
Technorati Tags: Toronto Stock Exchange, TSX, Quantum Revolution, TSX Quantum, Photon
