TMX Datalinx, the information services arm of TMX Group, has agreed to adopt Beeks Financial Cloud Group’s infrastructure platform to deliver a new service called TMX Elastic Market Access (TMX EMA).
The offering, still pending regulatory approval, aims to reshape how traders connect to Canadian markets by cutting deployment times while maintaining speed and reliability.
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TMX to Introduce Elastic Market Access
According to the company, the TMX EMA platform will be powered by Beeks’ Exchange Cloud, a fully managed Infrastructure-as-a-Service solution designed for capital markets.
The service will allow firms to tap into bare metal compute, dedicated connectivity , and scalable hosting inside TMX Datalinx’s co-location facility.
The new setup is intended to offer trading firms flexibility and cost efficiency without sacrificing the low latency required for high-speed strategies.
By combining cloud-based scalability with proximity hosting, TMX is targeting both global institutions and domestic players looking for quicker, simpler access to its markets.
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“We are delighted to welcome TMX Datalinx to our growing community of Exchange Cloud users,” Beeks CEO Gordon McArthur commented. “It reflects the growing market appetite for flexible, cloud-based trading infrastructure, opening up new possibilities for how capital markets participants build and deploy trading systems.”
Cloud Adoption in Capital Markets
The partnership highlights a wider industry shift toward cloud -based infrastructure. Traditional colocation services, while reliable, often require longer setup times and less flexibility.
Infrastructure-as-a-Service models like Exchange Cloud promise faster onboarding and adjustable resources, making them attractive to firms balancing cost, speed, and performance.
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For Beeks, securing TMX Datalinx strengthens its presence in the global exchange ecosystem after winning similar international deals. For TMX, the launch of TMX EMA could enhance Canada’s role as a hub for high-performance trading by offering firms the infrastructure they increasingly expect.
Beeks has recently targeted various acquisition deals to expand its services. Early this year, the company took a minority stake in Liquid-Markets-Solutions (LMS), a Swiss technology firm developing ultra-fast network equipment for financial trading.
As part of the deal, Beeks has secured exclusive rights to offer LMS’s ÜberNIC technology to managed financial services data centers. ÜberNIC leverages field-programmable gate arrays (FPGAs) to process data directly in hardware instead of software, delivering sub-microsecond latency.
Founded in 2019, LMS operates in the US, Japan, Singapore, Switzerland, and Hong Kong. The firm specializes in “network-attached-compute” systems, targeting industries where performance and reliability are critical.
