Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Exegy Expands Ultra-Low Latency, Tick-To-Trade Support To Include All Canadian Equity Exchanges

Date 21/11/2024

Exegy, the leading trading technology provider across the latency spectrum, announces the expansion of market data and execution coverage for nxAccess, its FPGA-based tick-to-trade solution, now supporting all Canadian equity exchanges. This enhancement enables seamless, ultra-low latency trading for a wide range of trading strategies in Canadian and US markets. It is the only off-the-shelf, FPGA tick-to-trade solution that enables clients to achieve operational consistency and efficiency across North American markets.

Building on its robust Canadian market data offering, Exegy now extends nxAccess coverage to support both market data and order execution across all Canadian equities venues. This enhancement empowers traders in Canada to achieve rapid time-to-market and benefit from high-performance, deterministic tick-to-trade capabilities, enabling them to focus on optimizing their core trading strategies without additional complexity.

ETF market makers in the region will benefit significantly, as Canadian and US banks can now leverage Exegy's FPGA technology for seamless, cross-border trading across North American markets. With ultra-low latency solutions, ETF trading desks gain the precision and performance critical to their operations.

This expansion enhances Exegy's full FPGA trading solutions, offering clients unparalleled speed, reliability, and scalability across global markets.

David Taylor, CEO of Exegy, said: “By enhancing our ultra-low latency product suite, Exegy reaffirms its leadership in the Canadian market and commitment to supporting clients as they navigate increasingly complex and competitive trading environments. We worked closely with a strategic client to deliver this cutting-edge solution, and it has proven to be a game-changer that can position savvy firms for success in an evolving marketplace.”

Clients will gain access to the following key benefits:

  • Comprehensive Market Coverage: Seamless access to market data and order execution protocols across all Canadian equity venues, including Montréal, Toronto, Chi-X Canada, Aequitas, Omega, and CSE.
  • Effortless Deployment: Leverage the latest FPGA-based trading technology with minimal internal resources, enabling clients to focus on refining their trading strategies.
  • Scalable Ultra-Low Latency Solutions: Benefit from nanosecond-level tick-to-trade capabilities that support trading across North America.
  • Dedicated Support for Canadian Clients: Enhanced resources and expertise to ensure reliable access to all critical Canadian trading venues and meet evolving market demands.

Exegy continues to lead the global market in innovative, ultra-low latency trading solutions, trusted by top-tier buy-side and sell-side firms across North America, including many Canadian clients. By enhancing its Canadian coverage, Exegy strengthens its position as the go-to partner for firms seeking high-performance, end-to-end trading solutions. Driven by close collaboration with clients, Exegy remains committed to delivering cutting-edge products that anticipate and meet the demands of an evolving trading landscape.