Fidessa is already present in several Equinix IBX data centers, including London and Singapore.
Fidessa is leveraging Platform Equinix to expand its global footprint into Canada. Equinix said Fidessa’s requirement in Canada involved access to a wide range of networks to deliver trade execution, market data and connectivity solutions for high frequency, cross-border and multiple-asset class trading.
Martin Hakker, managing director at Fidessa Canada said Canada is experiencing many changes in the form of liquidity fragmentation, new market regulations and product innovation. As part of their global strategy, they sought a data center provider close to the financial hub in Canada and one with access to a dense network of service providers.
"Platform Equinix fit the bill with its vast ecosystem of exchanges, market data providers and financial institutions," Hakker.
Fidessa’s Canadian trading platform provides access to all of the Canadian trading venues, including the Toronto Stock Exchange. It offers execution services and market data for equities, equity options, futures, derivatives and bonds.
