TSX Group today announced that more than 1,400 issues are now trading on its new trading engine, TSX Quantum.

“We launched these symbols over the weekend and are already seeing greatly improved processing times,” says Brenda Hoffman, chief information fficer, TSX Group.

TSX Quantum is now trading more than 65% of total daily Toronto Stock Exchange trades.

TSX adds that 11 million order messages were processed on May 12, and verage and median response time in the single digit millisecond range.

Upcoming for TSX Quantum is the migration of the remaining TSX symbol list, expected on May 25. After that, TSX Group will determine the future migration of TSX Venture Exchange (TSXV) listed securities. The British Columbia Securities Commission has approved TSXV rule changes, paving the way for the future migration of TSXV symbols to the TSX Quantum engine.

“This new platform will enable us to rollout product enhancements that serve all of our customers, and at lower incremental costs,” says Robert Fotheringham, senior vp, trading.