26 November 2018
BSO UPGRADES NETWORK IN TORONTO TO SUPPORT NORTH AMERICAN TRADERS
We have bolstered our network footprint in Toronto to support the North American trading community with the lowest latency routes between the Canadian city and New York and Chicago.
Our newly improved Toronto metro comprises presence in Equinix TR1 & TR2 and TMX Markham, 3500 Steeles, and provides added diversity via Montreal. The metro connects traders to our low-latency New York metro and center of the derivatives market, Chicago, cementing the firm as a top provider of global low-latency routes both domestically and internationally for US traders.
This means electronic market makers will be able to boost profitability by trading derivatives on TMX, faster than they could previously. They will also be able to take advantage of the exchanges newly extended London trading hours, expected to boost profitability by 15%-30% over time. Firms collocated within the TMX Group hub will be well placed to capitalize on its ventures with Chinese officials to connect American investors with the liquid Chinese bonds market.
The upgrade is the latest in a long line of successive investments in North America, including premium ultra low-latency trading routes between Chicago and key financial hubs in Moscow, Dubai and Mumbai, the “Gateway to Mexico” with a PoP in McAllen Data Center in South Texas, and coast-to-coast PoPs in One Wilshire, Los Angeles and Equinix-Filigree Court, Ashburn.
In January this year, we incorporated the markets’ fastest RF (Radio-Frequency) millimeter wave network in New Jersey into its global fiber network, enabling the trading community to shave milliseconds off their trades.
Michael Ourabah, CEO & Founder of BSO commented:
“We’re seeing increasing demand for reliable, diverse, low-latency services in and out of Toronto, both to domestic and international financial centers. Driven by our customers’ needs and the ambition to provide the worlds’ best high-performance low-latency network, we’re now looking at how we can integrate our RF technology with our existing fiber network to support the trading community with the very best low-latency technology.”
The bolstering of the Toronto network is the latest addition to our global network, establishing us as a market leader in low-latency connectivity connecting the US finance ecosystem with the worlds’ largest established and emerging exchanges.
Interested in connecting to our Toronto network?