ITS Workstation Modifications

 

Toronto, Canada. April 24, 2013 – ITS will be making modifications to ITS Trading Workstations to support the following marketplace changes:

  • Alpha Exchange migration to the TMX Quantum Production Environment on Monday, April 29th, 2013
  • CX2 Marketplace Launch on Friday, May 3rd, 2013. 

 

ITS Workstation Modifications - Alpha Exchange Migration to TMX Quantum

ITS will be upgrading its hosting servers and Smart Order Routers used by ITS Trading Workstations on Saturday, April 27th after validation from TMX that the Alpha Exchange will be in production in the TMX Quantum environment as of Monday, April 29th. These modifications will happen on ITS Online Production servers and there are NO changes required for ITS Online workstations. 

 

Order numbers for orders on the Alpha Exchange will begin with "BA" or “SA”.

 

Please note the following notice from TMX Group regarding open orders on Alpha: http://tmx.com/en/pdf/notices/2013-003.pdf

  • Effective at the close of business on Friday, April 26th, all open orders on the existing Alpha platform will be purged.
  • No open orders will be transferred as part of the migration.
  • Effective Monday, April 29th, Alpha will operate on TMX Quantum at its new location in the existing TMX Group data centres.
  • Effective Monday, April 29th, Alpha will have the regular pre-open session commencing at 7:00 a.m. At that time, clients will have the opportunity to re-enter orders.
  • The following two weekends have been designated as contingency migration dates if required.

 

ITS Workstation Modifications - Launch of CX2 Marketplace

ITS will be releasing a new version of the ITS Trading Workstations prior to the launch of the new CX2 Marketplace by Chi-X Canada ATS Limited on Friday, May 3rd, 2013. ITS Operations & Support will be rolling out this new version to firms over the next week.

 

CX2 is a lit, protected marketplace and therefore will be included in all orders from ITS Workstations routed through the ITS Smart Order Router as of Friday, May 3rd to ensure protection from trade-through violations.

 

As of Friday, May 3rd, ITS Trading Workstations will include the following changes:

  • CX2 will be shown as a visible marketplace in popup/dropdown lists for placing manual orders.
  • The keystroke "Y" will be available for placing a manual order on CX2 in the order-entry screen.

 

Questions

Please feel free to call our Operations & Support team at 416-233-3961x0 or support@itsys.ca if you have any questions or concerns about this notice.