Stock Market Trading Rules

TSX Quantum XA™

TSX Quantum™ is TMX Group's proprietary trading engine for the Toronto Stock Exchange ("TSX"), TSX Venture Exchange ("TSXV") and TMX Select™. TSX Quantum was introduced in 2007 and was designed to provide world-class messaging capabilities and linearly scalable throughput with response times in the single digit millisecond range.

TMX Quantum XA is the next generation of our current Quantum equity trading platform to be launched in Q1 2012 on TMX Select, and in Q1 2014 on TSX and TSXV.

TMX Quantum XA is expected to offer a material improvement in performance resulting from our propriety hardware acceleration and network upgrade, representing a twenty-fold reduction in median latency over the current system to sub-100 microseconds on order executions.

TMX Quantum XA is designed to provide customers with improved trading performance in the form of

  • – dramatically reduced latency;
  • – less latency variability and more predictability in order processing;
  • – enhanced network capabilities; and
  • – reduced data feed latency.

Click here for TMX Quantum XA Frequently Asked Questions.

Click here for TSX Quantum XA News and Product Information.

For additional information, please contact your account manager.