TMX Group launches award-winning trading engine on
Canada's public venture capital
marketplace
TORONTO, Sept. 23, 2014 /PRNewswire/ - TMX Group
today announced the successful launch of its high performance
equity trading engine, TMX Quantum XA™ on TSX Venture Exchange.
"Today marks another significant step forward for our technology
team in serving Canada's equity
markets," said Brenda Hoffman,
Senior Vice President, Group Head of Information Technology, TMX
Group. "Following implementation on TSX Venture Exchange, our
leading-edge trading engine TMX Quantum XA is now in operation
across the more than 4,000 symbols listed on our markets."
"The implementation of TMX Quantum XA delivered major
performance improvements and continues to bring multiple benefits
to our equities customers," added Kevan
Cowan, President of TSX Markets and Group Head of Equities,
TMX Group. "As we continue to work to attract additional sources of
liquidity, we are proud to offer this enhanced level of service to
customers trading on TSX Venture Exchange."
TMX Group's technology team has been recognized around the world
for the innovative design and application of TMX Quantum XA. In
addition to the Canadian Advanced Technology Alliance Innovation
and Leadership Award achievement in May
2014, TMX Quantum XA has also recently been shortlisted as a
finalist for two technology awards set for later this year; the
Financial World Innovation Awards 2014, in the category of "Most
Innovative Application of Technology", and the Information
Technology Association of Canada's
2014 Ingenious Awards for "Excellence in the Use of
Technology."
About TMX Group (TSX: X)
TMX Group's key subsidiaries operate cash and derivative markets
and clearinghouses for multiple asset classes including equities,
fixed income and energy. Toronto Stock Exchange, TSX Venture
Exchange, TMX Select, Alpha Group, The Canadian Depository for
Securities, Montreal Exchange, Canadian Derivatives Clearing
Corporation, NGX, BOX Options Exchange, Shorcan, Shorcan Energy
Brokers, Equicom and other TMX Group companies provide listing
markets, trading markets, clearing facilities, depository services,
data products and other services to the global financial community.
TMX Group is headquartered in Toronto and operates offices across
Canada (Montreal, Calgary and Vancouver), in key U.S. markets (New York, Houston, Boston and Chicago) as well as in London, Beijing and Sydney. For more information about TMX Group,
visit our website at www.tmx.com. Follow TMX Group on Twitter at
http://twitter.com/tmxgroup.
SOURCE Toronto Stock Exchange