Orc Software, a derivatives trading technology provider, has established a connection to the Chi-X Canada trading platform. Orc Trader and Liquidator customers, as well as anyone requiring direct market access to Chi-X Canada, will be able to trade on the platform using Orc’s market connectivity solution. Orc’s customers will also be able to receive pricing information from the trading platform.
“Our approach from day one has been to work with the community to provide as much choice as possible, and this announcement is an example of that strategy in action,” said Tal Cohen, head of Chi-X Canada, in a statement.
Paul Dimtsis, sales director, Canada for Orc Software, added,
“Canadian customers demand low-latency connectivity to Canadian trading venues and we are pleased to be one of the first to deliver connectivity to Chi-X Canada.”
Chi-X Canada is a continuous alternative trading system (ATS) for TSX-listed securities. The platform supports a wide array of advanced order types, is based on strict price-time priority and provides participants with the ability to smart route orders to any displayed equities marketplace in Canada.