Get connected. Faster.
TMX Atrium, TMX Group’s global marketplace infrastructure provider, has introduced a wireless route to connect three major New York-area liquidity centers with TMX Group’s primary data facility in the Greater Toronto Area.
Using microwave technology, the broadly available commercial service provides clients on both sides of the border with market-leading access to market data and discretionary bandwidth services. The available market data features the most actively traded securities on the Toronto Stock Exchange (TSX), the New York Stock Exchange (NYSE and ARCA), BATS, and Nasdaq.
The microwave connection links TMX Group’s main data center – which houses TSX, TSX Venture Exchange, TSX Alpha Exchange and Montreal Exchange – to Mahwah, Secaucus, and Carteret, New Jersey, where the data centers for NYSE/ARCA, BATS, and Nasdaq are respectively located. In addition, TMX Atrium has also launched millimeter wave links that interconnect the Mahwah facility to the two other New Jersey-based facilities in Carteret and Secaucus. These new wireless networks join TMX Atrium’s existing microwave path between Carteret, New Jersey and Aurora, Illinois.
According to TMX, its Atrium wireless network reduces the end-to-end latency of data between Toronto and the New York area by more than 60%, resulting in a decreased round-trip latency from over 10 milliseconds to approximately 4 milliseconds. While TMX Atrium uses modern wireless technologies to achieve this cross-border connectivity, market participants can still utilize TMX Atrium’s existing global fiber-based network to connect to TMX Group’s data center facility.
