BSO’s New RF Network is the Fastest Way to Trade on Toronto Stock Exchange and Nasdaq CXC
Global telecoms operator launches RF network between TMX Group’s data centre and Equinix Toronto TR2
Dublin, Ireland – 13th October 2020
BSO, the leading global telecoms operator powering the digital age, has launched a new Radio Frequency (RF) network route for those trading on the Toronto Stock Exchange (TSX) and Nasdaq CXC. BSO’s exclusive RF network connects TMX Group’s colocation data centre with carrier-neutral Equinix Toronto TR2 to provide the international financial community with the fastest way to trade between these exchanges.
Michael Ourabah, Chief Executive Officer at BSO:
“The best trading firms in the world have a diverse international network using the latest cutting-edge technology. For ultra-competitive marketplaces like Toronto, New York and Chicago, trading in milliseconds is no longer enough. Our Canadian RF route ensures traders can access these trading hubs faster than others in the industry without any need to physically build their own network infrastructure”
BSO’s RF network is already available in New York and Chicago. This latest route enables financial trading firms around the globe to access an important financial centre with unrivalled performance, reliability and speed.
Unlike fibre or other ground-based networks, RF is delivered point to point through the air. This as-the-crow-flies connectivity drastically reduces latencies and enables trades to operate in microseconds rather than milliseconds, a critical advantage in today’s hyper-volatile market.
Callum McGowan, Director of RF Networks at BSO:
“Traders using BSO’s other RF network routes are well accustomed to the exceptional service we deliver and the benefits our solution-orientated, passionate team provide – unrivalled market access, latencies and knowledge. Firms trading on these Canadian marketplaces can now enjoy the same advantages with our new RF service.”
BSO’s RF network expansion is the latest milestone in the company’s international expansion strategy. BSO recently announced it has broadened its on-demand Cloud Connect offering with Alibaba Cloud and earlier this year BSO expanded into South America with 10 new data centre locations.
ABOUT BSO
The company was founded in 2004 and serves the world’s largest financial institutions. BSO is a global pioneering infrastructure and connectivity provider, helping over 600 data-intensive businesses across diverse markets, including financial services, technology, energy, e-commerce, media and others. BSO owns and provides mission-critical infrastructure, including network connectivity, cloud solutions, managed services and hosting, that are specific and dedicated to each customer served.
The company’s network comprises 240+ PoPs across 33 markets, 50+ cloud on-ramps, is integrated with all major public cloud providers and connects to 75+ on-net internet exchanges and 30+ stock exchanges. The team of experts works closely with customers in order to create solutions that meet the detailed and specific needs of their business, providing the latency, resilience and security they need regardless of location.
BSO is headquartered in Ireland, and has 11 offices across the globe, including London, New York, Paris, Dubai, Hong Kong and Singapore. Access our website and find out more information: www.bso.co
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