Instinet Canada Connects to CIX Ahead of Planned Launch
TORONTO, Ontario – September 1, 2026 – Instinet Incorporated (Instinet) today announced that Instinet Canada Limited, its Canadian subsidiary (Instinet Canada), has completed connectivity to CIX Trading Inc., Canada’s next-generation alternative trading system, ahead of CIX’s planned launch.
As one of the first connected technology providers, Instinet Canada offers clients an early-stage opportunity to establish access to CIX through Instinet Technology Solutions and the award-winning Newport® execution and order management system (EMS).
CIX is preparing to launch with a new matching engine, longer trading sessions, support for fractional shares and a redesigned order book. Instinet Canada has completed the connectivity work needed to access CIX once the venue is live.
CIX subscribers may establish access to CIX through Instinet Technology Solutions, Instinet’s technology platform supporting routing and connectivity solutions, as well as through Newport EMS. This connectivity will provide clients with an additional avenue to access CIX Trading’s marketplace and liquidity.
For clients utilizing Instinet Canada as an executing broker, Instinet plans to incorporate CIX as a routing destination into its algorithmic suite and Smart Order Router (SOR). This integration will provide access to CIX liquidity without any change to the client’s workflow.
The early connection reflects Instinet Canada’s commitment to providing clients with access to new venues that foster innovation, increase competition, and expand access to Canada’s capital markets.
“Instinet has a long history of supporting innovation and competition across global equity markets,” said Andrew Hill, Managing Director, Instinet Canada. “Being among the first to initiate connectivity with CIX reflects our commitment to providing clients with access to emerging trading venues and innovative market structure. Through Instinet Technology Solutions and Newport EMS, we look forward to providing clients with efficient access to CIX as the marketplace moves toward launch.”
“Instinet Canada’s early connection to CIX is an important validation of what we’re building,” said Jeff Foster, Founder and CEO of CIX Trading Inc. “For a firm with Instinet’s global reach and market structure expertise to be among the first to establish connectivity and certify with CIX sends a strong signal as we prepare for launch. It also helps accelerate our broker-dealer onboarding and brings us closer to creating a more competitive, innovative and accessible Canadian equity market.”
Instinet Canada is continuing technical integration ahead of CIX’s production launch.
Source: Instinet