TMX Readies Toronto-NJ Wireless Network

New route adds to existing NJ-Chicago network.

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The new route leverages staff and wireless expertise from the former StrikeNet low-latency microwave network business of Strike Technologies, which TMX Group's TMX Atrium network subsidiary acquired from New York-based market maker and trading technology provider Global Trading Systems for an undisclosed sum last August.

Prior to the acquisition, Strike operated an ultra-low-latency microwave link between Nasdaq OMX's datacenter in Carteret, NJ and CME Group's datacenter in Aurora, Illinois.

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