NEW YORK – 6 December, 2010 – ACTIV Financial, a global provider of fully managed low-latency market data solutions, today announced the launch of its low-latency ticker plant at Equinix’s TR1 International Business ExchangeTM (IBX®) data center on Front Street in Toronto.
“The Toronto market has seen great growth over the past few years, and expanding our presence in this important market is the next logical step for ACTIV,” said Frank Piasecki, President and Co-Founder of ACTIV Financial. He continued, “We have seen strong demand for lower latency feeds from our Toronto-based clients, and we are opening this new direct ticker plant to service the growth in feed requests in this marketplace.”
ACTIV clients in Toronto will have access to ACTIV low-latency consolidated global feeds coming in from 20+ data centers around the world, as well as access to direct Canadian ATS feeds, including TMX, MX, Alpha, Chi-X, Omega, and Pure. The service also offers a powerful API, as well as more than 50 existing ISV partners.
Mr. Piasecki said, “ACTIV always seeks to give customers a range of connection options through co-location to direct connections at cost effective price points. Partnering with Equinix in Toronto will allow us to bring our exemplary offering to our clients in Canada as well as other clients looking to leverage collocation to the Canadian markets. We look forward to continuing to expand our Canadian operations while maintaining our level of unmatched client service.”