TSX Speeds Up to Lure U.S. Trading
EXCHANGE TECHNOLOGIES
TORONTO—The Toronto Stock Exchange (TSX) is introducing a series of changes for its transaction technology in a bid to make itself a more attractive venue for liquidity from North American securities firms.
The internally developed technology upgrade, dubbed TSXPress, should be completed during the third quarter of this year, and is intended to cut response times of the trading engine by 50 percent, says TSX Markets president Rik Parkhill. "The enhancements we're going to make will set a new
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