Omega ATS has introduced a next-generation matching engine called ThymeX that offers order execution in micro-seconds. The resulting performance boost makes the alternative trading system for Canadian exchange-listed equities one of the lowest latency trading venues in Canada, Omega says.
Developed, maintained and hosted entirely in Canada, ThymeX delivers advanced architecture, compressed market data feeds and flexible connectivity options for sophisticated electronic trading. Additionally, Omega has upgraded all of the physical hardware and technology that supports the matching engine.
“Speed, reliability and price are key to the success of any ATS,” says Eric Stoop, chairman, Omega ATS. “Omega has been known as the smallest ATS in Canada but our daily transaction and share volumes recently put us ahead of some of our closest competitors. We’ve already been offering the most aggressive pricing structure, and by combining that with a matching engine that delivers industry-leading performance, reliability and features, Omega is positioned to leave the competition behind.”
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