Exegy Incorporated, the ultra-high performance market data appliance company, today announced that the Exegy Ticker Plant has added built-in market data feed handlers to process data from Chi-X Canada, providing Exegy clients the ability to access the alternative trading system’s trading data using Exegy’s hardware-accelerated market data appliance.
Chi-X Canada is a high-performance, fully anonymous and low-cost continuous alternative trading system (ATS) for TSX-listed securities. Chi-X Canada supports a wide array of advanced order types, is based on strict price-time priority and provides participants with the ability to route orders to any displayed equities marketplace in Canada.
“With an increasing number of high frequency trading customers seeking to extend their reach to Canada, currently the world’s fourth largest trading market, we have responded by offering ultra low latency delivery of Chi-X Canada trading data,” said Jeff Wells, Vice President of Product Management at Exegy. “Customers are now looking to continue the success they have enjoyed with the Exegy Ticker Plant in the US into the increasingly competitive markets in Canada”.
“We’re pleased that Exegy customers will now be able to access Chi-X Canada trading data,” said Dan Kessous, COO of Chi-X Canada. “Our approach from day one has been to work with the community to provide as much choice as possible, and today’s announcement is an example of that strategy in action. The ability to obtain fast direct feed data from Chi-X Canada will continue to be important to market participants as we continue to attract more and more high frequency traders to the Canadian market.”