IRESS (IRE) is pleased to announce the upcoming release of ION (IRESS Optical Network). In addition, IRESS has extended its co-location agreement with the TMX Group through to 2015.
The IRESS Optical Network (ION) Designed to meet the increasing demands of Canadian and international trading, ION provides IRESS clients with an industry-leading, ultra low-latency, high-capacity, multi-market trading ecosystem that delivers IRESS’ OMS IOS+, IRESS FIX+, consolidated market data and the IRESS Best Market Router (BMR).
ION utilizes industry leading 10 Gigabyte connectivity between all key data centres housing Canadian exchanges and dark pools, providing IRESS clients with the highest bandwidth access to Canadian market and trade data.
Fully managed, ION continues IRESS’ on-going investment in developing high availability trading infrastructure that meets the highest standards for throughput, resiliency, and reliability. Continuously innovating, IRESS was the first Canadian vendor to operate dual hot sites with fully redundant systems, and the first vendor to co-locate with TMX Group in January of 2007.
“As the first trading system vendor in our co-location facility, IRESS clients were the first to benefit from the reduction in latencies and increased stability associated with co-location,” said Eric Sinclair, President of TMX Datalinx and Group Head of Information Services. “We’re pleased that IRESS continues to offer the advantages of TMX Group co-location to their clients through this extended agreement.”
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