--- title: Chi-X Canada Welcomes Pico Quantitative Trading to its Financial Ecosystem description: Chi-X Canada Welcomes Pico Quantitative Trading to its Financial Ecosystem --- ![websites-group](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/new-MMG-01.svg) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-new-marketsmedia-logo.svg)](https://www.marketsmedia.com/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-menu-traders-redlogo.svg)](https://www.tradersmagazine.com/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-menu-bestexe-logo.svg)](https://www.bestexecution.net/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-menu-fidesk-logo.svg)](https://www.fixglobal.com/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-fixglobal-new-logo.svg)](https://www.fixglobal.com/) - [*Facebook*](https://www.facebook.com/MarketsMedia/) - [*Twitter*](https://twitter.com/marketsmedia) - [*Linkedin*](https://www.linkedin.com/company/markets-media-llc) - [Newsletter](https://articles.marketsmedia.com/chi-x-canada-welcomes-pico-quantitative-trading-to-its-financial-ecosystem#popup-newsletter) #### Want the latest news on securities markets -- FREE? 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Pico Technologies provides low-latency technology services, including the provision of a fully managed hosting solution with direct exchange connectivity, raw and consolidated market data feeds, and the ability to connect with brokers for trade execution. “Chi-X Canada remains committed to bringing greater trading efficiencies to the market, and we are excited by today’s announcement given the alignment of Chi-X and PQT’s businesses,” said Dan Kessous, CEO of Chi-X Canada. “Pico Technologies’ low latency infrastructure will provide our clients a turnkey hosting platform for colocation with Chi-X and provide market participants with greater choice and flexibility.” “We are very pleased to partner with Chi-X Canada, given their reach within the Canadian market place, their premium data center location at 151 Front Street, and their focus on trading efficiency for all investors,” said Clarke Roberts, Co-Founder and Head of Sales at PQT. “We are excited to work closely with Chi-X, as Canada is an important market to our clients and we continue to receive strong demand for low latency trading connectivity solutions.” About Chi-X® Canada Chi-X Canada is a high-performance alternative trading system (ATS) marketplace for the trading of TSX and TSXV-listed securities from 8:30 am to 5:00 pm ET. The market, which is one of the largest ATS platforms in Canada, offers strict price/time priority, post-trade attribution, market-agnostic smart routing, advanced order types, trade reporting, risk management tools, historical market data, co-location and cross connectivity services. Like all of the Chi-X Global platforms, Chi-X Canada aims to provide cost savings to investors through trading efficiencies, ultimately helping to increase the overall market's volume. About Chi-X® Global Owned by a consortium of major financial institutions, Chi-X Global operates Chi-X Australia, Chi-X Canada and Chi-X Japan, and jointly operates Chi-East, a 50:50 venture with a subsidiary of the Singapore Exchange. Its Chi-Tech technology services unit provides technology to its business lines and its Chi-FX platform is planned for launch in Brazil during Q1 2012 in a venture with BM&FBOVESPA. About Pico Technologies Pico Technologies is the technology services division of Pico Quantitative Trading LLC (www.picotrading.com), an agency-only U.S. broker-dealer that specializes in providing multi-asset electronic trading clients with services ranging from client coverage to market structure, stock loan, Chi-X Canada ATS Limited [Share](https://www.facebook.com/share.php?u=https://articles.marketsmedia.com/chi-x-canada-welcomes-pico-quantitative-trading-to-its-financial-ecosystem) [Tweet](https://twitter.com/intent/tweet?text=US+ETFs+Have+Record+Net+Inflows&url=https://articles.marketsmedia.com/chi-x-canada-welcomes-pico-quantitative-trading-to-its-financial-ecosystem) [Share](https://www.linkedin.com/cws/share?url=https://articles.marketsmedia.com/chi-x-canada-welcomes-pico-quantitative-trading-to-its-financial-ecosystem) ![email](https://articles.marketsmedia.com/hubfs/Markets%20Media/email.svg) ### NEWSLETTER SIGN UP And receive exclusive articles on securities markets ### Related articles 1. 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