Equinix Toronto TR2 : CSE deploys Matching Engine to Equinix's TR2 in Toronto
Nov 21, 2016 | Posted by Eric Bell
REDWOOD CITY, Calif. and TORONTO, Ontario—September 29, 2016 — The Canadian Securities Exchange (CSE) and Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced that the CSE has selected Equinix as its primary data center provider. The CSE will be offering its new matching engine, data feed services, risk management, compliance, smart router and order protection services at TR2, Equinix’s recently opened Toronto International Business Exchange™ (IBX®) data center, as well as Equinix’s existing TR1 facility.
Highlights / Key Facts
Strategically located in downtown Toronto, Equinix’s Toronto data center campus offers the CSE the opportunity to directly connect to the Canadian trading community. TR2 is a state-of-the-art data center that is part of the Equinix Toronto campus. It is approximately 2.5 Km west of TR1 and can be accessed via an Equinix IBX cross-connect from both TR1 and TR2.
The CSE is home to more than 300 uniquely listed issuer companies, and also offers continuous auction market services for equities listed on other Canadian exchanges. As part of its technology transformation, the CSE will migrate its primary matching engine to Equinix TR1 IBX in Q4 2016. It is expected that the Equinix TR2 IBX facility will become the primary data center for the CSE in Q2 2017.
Equinix is home to the largest collection of trading platforms, top market data vendors, a myriad of service providers, and hundreds of buy-side and sell-side firms. Together, Equinix customers form a broad-based electronic marketplace of financial technology services that give customers the ability to connect – and adapt – like never before. The expansion by the CSE further enhances Equinix’s global electronic trading ecosystem, providing the interconnection options that companies need to meet business demands.
Located at the Equinix campus in downtown Toronto, Canada, TR2 serves the financial, cloud, telecom and corporate enterprise communities. The new facility offers premium colocation services and is designed to meet enterprises’ need for larger footprints and data-intensive applications deployed closer to the edge.
Source: CSE Press Release Sept 29th 2016