NYSE TransactTools and TSX Group today announced that TSX Datalinx will expand the availability of market data information for its customers across North America by becoming a market center on the Secure Financial Transaction Infrastructure (SFTI).
SFTI is the NYSE TransactTools communications network dedicated to the financial industry. It is designed to be resistant to man-made and natural disasters, while speeding recovery after a crisis. This highly reliable, resilient, and low latency network currently offers customers connections to NYSE as well as other exchanges, market centers and content service providers and also connects to over 800 market participants, including all of the National Market System markets in the United States.
Through SFTI B2B, customers will have access to TSX products such as Toronto Level 1 & 2, TSX Venture Level 1 & 2, Index Service Level 1, and other Canadian market data as well as TSX/CP Equities News with extremely low latency.
“In today’s world, the demand for instantaneous, uninterrupted information flow continues to grow significantly. It is critical for TSX to deliver our market data at the lowest latency” said Eric Sinclair, senior vp, TSX Datalinx, in a news release. “SFTI is a proven high-end, low latency market data provider that reaches all the key financial players in all the key markets. By linking to SFTI, TSX is well positioned to meet those market demands, expand our reach, and lower the cost of acquisition to the U.S. market.”
SFTI is specifically designed to meet the financial industry’s need for a highly resilient data communications infrastructure while providing for low latency communications between entities. There is no single point of failure. All of SFTI’s equipment, connections, power supplies and network links are redundant and its architecture features independent, self-healing fiber-optic rings. Even if a SFTI fiber pathway is compromised, financial data traffic will continue to move uninterrupted along another pathway, improving the industry’s protection against possible threats.
“We welcome TSX to the list of exchanges, market centers and content services providers available via SFTI B2B, stated Sam Johnson, NYSE Euronext Executive Vice President, and CEO of NYSE TransactTools. “They are the first of many market centers where we plan to expand internationally”.