Content about Datafeeds and Handlers

Faced with fundamental shifts in the dynamics of the major capital markets, trading firms are looking to maintain low latency and increase agility, while reducing complexity and cost – especially when it comes to market data and market access. To introduce the issues and options related to market data infrastructure, this industry briefing discusses:

• Automated Trading Today: Change Brings Opportunity
• Market Data – Opportunities, Complexity and Challenges
• Alternative Approaches to Managing Market Data Infrastructure

CFN Services, a leading provider of managed automated trading enablement services, today announced the launch of Alpha Platform Direct Connect, the company’s managed high-performance market access and market data platform. This integrated solution reduces the cost and complexity of market access infrastructure, while providing clients the lowest latencies possible enabling them to improve trading performance and profitability.

Just a quick post to point back to the recent outing of our Low-Latency Summits, held in New York City on May 1. And also a point forward to our next Summits in the Fall.

Quincy Data, a recognized leader in low latency market data, is pleased to announce its offering of CME futures data inside the Carteret data center at latencies believed to be faster than ever before. The Quincy Extreme Data service (QED) today delivers select CME Group data in 4.16 milliseconds rack to rack. "Timely CME data is extremely important to trading in Carteret," says Stephane Tyc, co-founder of Quincy Data. "We are working hard to deliver the absolute fastest data to exchange colocated banks, dealers and trading firms, large and small. QED aims to level the market data playing field by making a coveted service within reach of all latency sensitive participants." Quincy outlines its plans to deliver even faster speeds on this route - 4.11 milliseconds this spring and 4.06 milliseconds this summer - as part of a product roadmap that is available to subscribers or under NDA.

THREE NEW RECORD PEAKS: SIAC OPRA, BATS Options MCASTPITCH AGG and BATS CHI-X Europe CXE PITCH.

S&P Capital IQ has gone live with its first data solution based on real-time technology for exchange and market data distribution acquired with QuantHouse in April 2012. The company’s consolidated financial data feed has been up and running since early March and offers normalised, real-time global content from 110 exchanges that can be accessed using a thin application programming interface (API).

S&P Capital IQ, a business line of the McGraw-Hill Companies and a leading provider of multi-asset class data, research and analytics, today announced the availability of a consolidated financial data feed providing normalized, global content from over 110 exchanges that can be taken from a single point of presence. This new capability addresses industry demand for differentiated, low-latency data at different speeds.

Thomson Reuters today announced the launch of Elektron Managed Services in Taiwan to provide international and local financial firms with cost effective access to its real-time market data infrastructure and content. Initially the service will provide connectivity to real-time market data and the Thomson Reuters Enterprise Platform for real-time data management capabilities within the data centre, supported by end-to-end performance monitoring and service management. Customers may also co-locate their applications within the facility for even faster access to data.

Redline Trading Solutions, the premier provider of ultra-low latency market data and order execution systems, today announced support for the Thomson Reuters FX Matching platform in Redline’s InRush 3 Accelerated Ticker Plant.

MDX Technology, a provider of real-time market data connectivity solutions, and Exegy, a provider of ultra-high performance hardware-accelerated market data appliances, have today announced a strategic partnership in response to customer demand to deliver Exegy’s market data via MDX Technology’s MDXT Connect into Microsoft Excel.

QuantHouse, S&P Capital IQ’s Real Time operation and the global provider of next generation trading solutions, is expanding its core services to Asia by teaming-up with BT. QuantHouse will be using BT Radianz services to distribute its low-latency European and American market data feeds into the Asia/Pacific region.

AQR Capital Management, a global investment-management firm with over $70 billion under management*, has selected Exegy to deliver low-latency market data to their trading and research systems. The deal includes new deployments of Exegy’s hardware-accelerated appliances to process foreign exchange, equity and futures market data in co-location datacenters initially in North America.