The low latency market data will be available to ACTIV clients globally as a direct or consolidated feed
ACTIV Financial, a global provider of real-time, multi asset financial market data and technology solutions, today announced that it is extending its Canadian market coverage to include Lynx ATS, a new alternative trading system operated by the parent company of Omega ATS, and CX2—Chi-X Canada’s second Canadian alternative trading system.
The addition of the two trading venues rounds out ACTIV’s comprehensive coverage of the region—including all Canadian exchanges and alternative trading systems.
ACTIV’s solution will provide local market-makers, institutional traders and high-speed trading applications with fully-managed low latency direct feeds that are sourced and processed in proximity to the Lynx and CX2 matching engines. The market data will be delivered to out-of-region traders via ActivFeed, the firm’s low latency solution for global feed distribution.
The data will also be added to ACTIV's Canadian Virtual Book product to provide traders with a single consolidated view of the Canadian order books, either aggregated by price, broker or market.
“ACTIV has long offered our clients a complete solution for Canadian equities,” said Judy Yun, ACTIV Financial’s Global Content Manager. “By adding Lynx ATS and CX2 market data to our content offering, and with fast time-to-market for the newly tradable instruments, we demonstrate our continued commitment to providing a comprehensive portfolio of Canadian data.”
Lynx and CX2 solutions will be available to subscribing ACTIV clients in a raw or normalized format, and accessed via an internet connection, leased line, or direct cross connect to ACTIV’s redundant technology infrastructure.