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Virtual Colocation Purpose-Built for Flexibility, Scalability and Performance
DATALINX
Looking to trade Canada with agility and efficiency? Contact one of our Virtual Colocation Specialists today to learn more.
TMX Elastic Market Access (EMA) is a virtual colocation solution that combines the benefits of traditional infrastructure with the scalability of cloud technology. Designed to serve the needs of mid-sized and specialized trading firms, TMX EMA will lower the barrier to entry for accessing TMX marketplaces without compromising performance.
TMX EMA, a cloud-enabled alternative to physical colocation, provides standardized, proximity-based compute services that allow firms to trade on TMX marketplaces efficiently without investing in physical hardware or custom network setups.
Enjoy the flexibility to scale infrastructure in line with trading volumes while gaining proximity benefits critical to execution speed.
TMX EMA removes the need for on-premise equipment. Firms will be able access TMX marketplaces through virtual infrastructure, significantly reducing upfront capital costs.
Lower Barrier to Entry
TMX EMA is built on-premises within the TMX primary data center, and offers the performance needed for a wide range of strategies through proximity-based execution.
Proximity Matters
As your trading needs grow, TMX EMA grows with you. The platform is built to scale computing capacity and connectivity as required without physical redeployment or hardware refresh cycles.
Scalable by Design
TMX EMA offers access to Advanced Analytics, supporting historical market data replay, algorithm testing and real-time performance optimization to refine your strategies.
Enhanced Insights
Attribute
TMX EMA
(Virtual Colocation)
TMX Colocation Cabinets
(Physical Deployment)
Moderate (custom rack deployment)
Rapid (pre-installed compute)
Deployment Time
Low (proximity-based access to TMX Matching Engines)
Ultra-low (client hardware-optimized and proximity based access to TMX Matching Engines)
Latency Profile
Client Control
Pre-configured and standardized Platform As-A-Service (PaaS) environment
Full control over hardware/network stack
CapEx & OpEx
None - monthly licensing only
High - investment into client hardware and monthly cabinet licensing
Scalability
Elastic
Fixed (requires physical upgrades)
Client-managed or third-party tools
Optional Upgrade (Advanced Analytics)
Analytics Tooling
Ultra-Low Latency sensitive strategies
Mid-sized and specialized trading firms
Ideal Use Case
Not every firm requires the ultra-low latency performance and capital outlay of a fully customized colocation cabinet. Orders from TMX Elastic Market Access (EMA) virtual and traditional colocation clients are routed through the same gateways. This ensures that all market participants, regardless of infrastructure type, operate on a level playing field.
TMX Colocation hosts a diverse ecosystem of firms providing technology and network services to market participants. In addition to low-latency access to the TMX Group equity and derivative exchanges, customers also benefit from easy interconnection to a large on-site community of over 100:
• Buy-side and sell-side market participants
• Regional and international marketplace data feeds
• Financial technology service providers
• Global financial network service providers
• Telecommunications carriers
TMX EMA is expected to launch Q3 2025, pending regulatory approval.
TMX EMA is purpose built for mid-sized and specialized trading firms, addressing their growing need for proximity-based access without high-cost infrastructure investments. Choose from 1 Gigabit, 10 Gigabit, or TMX 10G Ultrα Ethernet connectivity options based on your throughput and latency requirements.
Whether you’re looking to enter the Canadian market or expand your trading footprint, we give you the infrastructure to do so quickly, efficiently, and at a lower cost.