CNSX Markets Inc. (CNSX Markets) has deployed a point of presence (PoP) in Equinix’s TR1 International Business Exchange™ (IBX®) data center in Toronto, Canada.
Spurred by requests from customers already located in the Equinix TR1 facility, CNSX Markets expanded its infrastructure into TR1 to streamline connectivity and reduce costs.
CNSX Markets, a recognized stock exchange, is the operator of two venues: the Canadian National Stock Exchange (CNSX) and Pure Trading™. CNSX is a venue for listing and trading of Canadian public companies, primarily in their early stage of development. Pure Trading provides a low latency/high performance continuous auction market system for securities listed on other Canadian stock exchanges.
Location directly affects cost trajectories, system performance and a financial institution’s ability to keep up with fast moving trends. CNSX Markets’ new PoP in Toronto positions its systems for maximum connectivity, performance and agility, which lowers the barrier to entry for dealer participation.
Equinix’s TR1 IBX data center is located in the preeminent telecommunications carrier hotel and data center facility in Canada. TR1 provides CNSX Markets with a full array of premium data center and support services with extensive network choice and the ability to interconnect to customers and partners across the financial services ecosystem.
