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The Financial Information Services Division (FISD) of the Software and Information Industry Association (SIIA) presented the 2012 Outstanding Data Provider Award to CNSX Markets Inc., operator of the Canadian National Stock Exchange and Pure Trading. The award was presented at the FISD General Meeting in New York on December 18.
This award was created by the FISD Service Level and Communications Working Group to recognize the exchange or data provider that most closely adheres to the Working Group’s Best Practice Recommendations. These recommendations are guidelines for communication and notification sent by exchanges and information providers to their customers and downstream distribution partners for events such as system upgrades, administrative and policy changes, new product introductions, and unplanned interruptions.
Other nominees for this year’s award were BATS Chi - X Europe, Johannesburg Stock Exchange, and Oslo Bors.
“We are very pleased to receive this award and are grateful to members of the FISD for recognizing our dedication to providing a high level of service to our customers and the downstream users of our data” said Richard Carleton, CEO of CNSX Markets. “Receiving this award would not have been possible without the efforts of our dedicated and experienced staff.”
Tom Davin, Managing Director of FISD, said “CNSX Markets is a highly deserving recipient of this recognition. They place a strong emphasis on communicating with the financial information industry in a clear, complete and timely manner.”
“In addition, over the past year we’ve seen evidence of an increasing number of exchanges that utilize the Best Practices document when developing or modifying their policies and practices. This provides confirmation of the value and benefits the Service Level and Communication Working Group and their efforts provide to our industry”, added Davin.
