NYSE Technologies, the commercial technology division of NYSE Euronext, has opened its latest Liquidity Center installation in Toronto as part of its development of a set of trading, data and connectivity applications that enable traders to quickly and easily enter global markets that were previously difficult or expensive to access in the past.

NYSE Technologies views Toronto as a top global trading destination, citing a 40% growth in trading activity, multiple Alternative Trading Systems and specialists in the energy and mining sectors. The Toronto facility joins existing liquidity centres in the US, London, and most recently, Tokyo. Additional centres are planned for other international locations.

"We are very pleased to have our Toronto Liquidity Center fully operational and available for customers," said Stanley Young, chief executive of NYSE Technologies. "It continues the realisation of our virtual capital markets community strategy, designed to provide customers with high-performance access to key global markets and services that empower them to trade more effectively at a significantly lower cost with greatly reduced friction. Through this Toronto hub, we can deploy our core NYSE Technologies services to equalise market accessibility through simplified connectivity, ultra low-latency data products and world-class technology solutions."

From each of the facilities, NYSE Technologies will offer many of its core services, including the Risk Management Gateway, which provides low latency, risk-managed access to markets; SuperFeed, a high-performance market data ticker plant and distribution system; and Marketplace,a FIX-based trading community with more than 1,200 market participants.