Exegy Posts Canadian Data Peaks Portal

The MarketDataPeaks.ca portal—which is sponsored by industry body the Financial Information Forum and TMX Atrium, the network subsidiary of Canadian exchange operator TMX Group—provides statistics on the peak market data volumes for each minute of the trading day. The messages include trade, quote and order book information, as well as routine maintenance messages published by the trading venues.

Exegy decided to launch the Canadian version of MarketDataPeaks after receiving client demand for normalized statistics on the amount of market data generated by Canadian equities and futures markets.

“We have already launched MarketDataPeaks.com, which shows aggregated rates for US markets, as well as MarketDataPeaks.eu for Europe, and this is a similar service but for Canada, which we are offering to the broader marketplace,” says Exegy chief technology officer David Taylor. “It uses the same hardware appliance and monitoring interface as the US and European services, and the web portal is the same format. The value is that folks who have used other services are familiar with it, and can use the Canadian service to check market data rates and capacity planning for the Canadian markets.”

The service leverages Exegy’s hardware-accelerated Ticker Plant appliances, which consume and collate the data from Canada’s main equities and futures markets, including TMX’s marketplaces, Chi-X Canada, the Omega ATS and the Canadian Securities Exchange (formerly CNSX Markets) to calculate the market data rates.

The appliances are co-located in Canadian datacenters provided by TMX’s data arm TMX Datalinx, and are maintained—along with the MarketDataPeaks.ca web portal—by Exegy, with co-location services and market data infrastructure such as access to raw feeds supplied by TMX Atrium, TMX’s network subsidiary.

In addition to TMX Group, Exegy is partnering with the capacity working group of the Financial Information Forum, which tracks market data rates and provides reports and guidance to members on capacity planning. “There is a standing working group on market data capacity that provides periodic reports… and the exchanges that participate report capacity measurements, which help us validate the rates we are seeing in MarketDataPeaks,” Taylor says.

Users cannot download market data rates data from the freely-available public site, though Exegy will provide extra services for customers wanting to perform further analysis on the data.