Equinix, Inc. has announced that Omega Securities Inc. (Omega, OSI) operating Omega ATS and Lynx ATS will build its matching engine in Equinix's recently opened Toronto International Business Exchange™ (IBX®) data center, TR2. Omega's new matching engine will offer its clients access to real-time transparent quotes and trade information, as well as lowering latency and improving execution technology across its platform for the electronic equities market providers.
Strategically located in downtown Toronto, Equinix's Toronto data center campus offers Omega the advantage of close proximity to major financial exchanges, as well as liquidity providers and institutional investors who are increasingly adopting cross-asset trading execution strategies. Close proximity to financial firms combined with access to the broadest choice of networks, enables Omega to deliver consistent low latency to its customers in Canada.
Alternative Trading Systems (ATS) serves members such as IIROC, OmegaATS and Lynx ATS and provides the Canadian marketplace with fast, price/time priority trading platform where customers will be able to trade at or better than the CBBO (Canadian Best Bid and Offer) at competitive commission rates. Omega currently has an access node in Equinix's TR1 IBX data center and will be deploying their secondary node in TR2 in Q3 2016.
Equinix provides a neutral meeting place for the world's leading financial market participants, including trading venues, buy- and sell-side firms, market data providers, technology providers and financial networks. Equinix data centers provide colocation for over 875 financial services customers who include over 175 exchange and trading venue deployments around the globe. The expansion by OmegaATS 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, media and enterprise companies. 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.