TORONTO, Feb. 11, 2014 /CNW/ - TMX Group today announced that it has
selected ULLINK, a global provider of market leading connectivity and
trading solutions to provide an enhanced pre-trade risk management and
connectivity solution for its equity trading customers.
"We continue to work to improve the overall TMX trading experience for
our broad range of customers," said Deana Djurdjevic, Senior Vice
President, Equities Trading. "ULLINK's integrated solution will allow
us to offer a robust suite of pre-trade risk controls to help
participants comply with evolving Canadian regulatory obligations in a
cost effective way, while also meeting the escalating performance
demands of the marketplace."
The TMX Pre-Trade Risk Management Solution will enable participants to
apply a variety of risk checks, trading limits and controls to their
order flow, and will offer real-time monitoring of overall committed
capital, open order exposure and intraday market risk exposure across
all major Canadian equity venues. The flexible ULLINK platform also
offers customers seeking a single point of access to all TMX equity
marketplaces an efficient and integrated connectivity service.
"With constantly emerging challenges in today's market, staying ahead of
risk management requirements is absolutely crucial to any trading
operation" added Jeffrey Gangl, Managing Director, ULLINK Americas. "We
are excited to be partnering with the largest exchange venue in Canada,
enhancing TMX's existing pre trade risk offering while providing
comprehensive, innovative trading technology solutions specifically
geared to the Canadian market place."
About TMX Group (TSX-X)
TMX Group's key subsidiaries operate cash and derivative markets and
clearinghouses for multiple asset classes including equities, fixed
income and energy. Toronto Stock Exchange, TSX Venture Exchange, TMX
Select, Alpha Group, The Canadian Depository for Securities, Montreal
Exchange, Canadian Derivatives Clearing Corporation, Natural Gas
Exchange, BOX Options Exchange, Shorcan, Shorcan Energy Brokers,
Equicom and other TMX Group companies provide listing markets, trading
markets, clearing facilities, depository services, data products and
other services to the global financial community. TMX Group is
headquartered in Toronto and operates offices across Canada (Montreal,
Calgary and Vancouver), in key U.S. markets (New York, Houston, Boston
and Chicago) as well as in London, Beijing and Sydney. For more
information about TMX Group, visit our website at www.tmx.com. Follow TMX Group on Twitter at http://twitter.com/tmxgroup.
About ULLINK
ULLINK is a global provider of market leading multi-asset trading
technology and infrastructure for buy-side and sell-side market
participants. Trusted by over 150 of the world's top-tier banks and
brokers, we provide consistent, reliable access to the most current and
innovative solutions available. Since 2001, ULLINK has established
itself as one of the fastest growing technology companies in the
industry.
We are proud of our robust, cutting-edge infrastructure solutions
developed entirely in-house. Our uniquely modular product offering was
driven by our passion and ambition for sound development principles. We
give clients the freedom to choose from modular products tailored to
their individual needs, as well as fully serviced solutions for an
entire trading infrastructure, supported by 14 data centers world-wide.
ULLINK manages over 450 trading platforms daily, is connected to more
than 100 of the world's leading liquidity and exchange venues and
offers over 700 different FIX and API adapters. Privately held, ULLINK
has offices in New York, London, Paris, Hong Kong, Tokyo, Singapore,
São Paulo, Cluj and Sydney.
For more information, please contact sales@ullink.com or visit www.ullink.com.
SOURCE Toronto Stock Exchange
