However, Chi-X Canada will retain its current exchange tower data centre as its backup facility, and expects the move to new data centre to take place in late Q2.
Dan Kessous, COO of Chi-X Canada, said: “Since launching nearly two years ago, one of our primary foci has been working with both our global subscriber base and the vendor community to provide fair, seamless and low-latency access to our industry-leading trading platform.
“Switch and Data’s world-class Toronto facility will enable us to provide the level of service that our existing clients have come to expect from Chi-X Canada, while at the same time allowing us to continue bringing new global trading participants to Canada.”
John Panzica, vice president financial services practice for Switch and Data, said: “By virtue of its downtown location, our Toronto Financial EcoCenter sits at the terminus of several of the long-haul fibre optic cables originating in New York and Chicago. As such, many of the world’s leading trading firms and vendors are already connected, making 151 Front Street an ideal location for Chi-X Canada’s primary data centre.”
Switch and Data is a provider of network-neutral data centre and internet exchange services.
