PRESS RELEASE
StreamBase Connects to Chi-X Canada
StreamBase provides clients with full access to world-class electronic marketplace
LEXINGTON, MA – November 23, 2009 – StreamBase Systems, a leading provider of Complex Event Processing (CEP) technology for the global capital markets, announced today that its software has been extended to connect to Chi-X Canada, a high-performance, fully-anonymous and low-cost alternative trading system (ATS) for trading TSX-listed senior equities. The extended connectivity offers a new venue on which StreamBase users can trade Canadian equities.
“We’re excited to announce the connectivity agreement, which will allow participants to have more choice in how they route orders to, and receive pricing information from, Chi-X Canada,” said Dan Kessous, COO of Chi-X Canada.
StreamBase’s low-latency and high throughput platform empowers its clients to access a broader suite of equity exchanges and electronic venues in Canada with complete anonymity, superior low latency, greater liquidity and lower transaction costs.
“It is always our first priority to help our customers get to market quickly,” said Mark Palmer, CEO of StreamBase. “Combined with the real-time data processing capabilities inherent in the StreamBase CEP platform, firms are able to gain instant market insight that improves their trading performance.”
For more information, photographs, graphics and logos, please contact:
Justin Fry
StreamBase Systems, Inc.
Tel: +1 781-761-0839
Twitter: @streambase
Facebook: http://www.facebook.com/streambase
Media Pack: http://www.streambase.com/press-enquiries.htm
About StreamBase
StreamBase
Systems, Inc, a leader in high-performance Complex Event Processing
(CEP), provides software for rapidly building systems that analyze and
act on real-time streaming data for instantaneous decision-making.
StreamBase’s
Event Processing Platform™ combines a rapid application development
environment, an ultra low-latency high-throughput event server, and the
broadest connectivity to real-time and historical data. Leading
investment banks, hedge funds, and government agencies use StreamBase
to power mission-critical applications that increase revenue, lower
costs, and reduce risk. Applications in Capital Markets include FX
Aggregation and Pricing, Smart Order Routing, Market Data Management
and Algorithmic Trading.
StreamBase customers include CME
Group, ConvergEx Group, RBC Capital Markets, PhaseCapital and BlueCrest
Capital Management. The company is headquartered in Lexington,
Massachusetts with offices in New York, Washington D.C. and London. For
more information, visit www.streambase.com.
About Chi-X® Canada
Chi-X Canada is a high-performance, fully anonymous and low-cost continuous alternative trading system (ATS) for TSX-listed senior equities from 8:30 am to 5:00 pm EST. The platform supports a wide array of advanced order types, is based on strict price-time priority and provides the ability to smart-route orders to any displayed equities marketplace in Canada. Like Chi-X Europe, which is based on the same technology and market model, Chi-X Canada aims to provide trading efficiency and cost savings to investors and ultimately to help increase market volumes as systems of this nature have done in other markets around the world.
For more information, please visit www.chi-xcanada.com.
© 2009 StreamBase
Systems, Inc. All other trademarks or trade names are properties of
their respective owners. All rights reserved.