THOMSON REUTERS LAUNCHES LOW LATENCY CONNECTION TO NYSE EURONEXT PLATFORM

 

Posted January 5, 2009

 

LONDON -- Thomson Reuters has released a beta version of an ultra low latency direct feed solution for NYSE Euronext’s Universal Trading Platform. The new connectivity will allow customers to meet the schedule of Euronext cash markets migration from NSC to the new Universal Trading Platform (UTP).

 

“Today’s new low latency connection is an important milestone following our successful migration of NYSE Euronext’s European Bonds on to the platform,” says Patrick Lastennet, Director of Data Solutions Europe at NYSE Euronext. “NYSE Euronext is committed to delivering a superior market data service with low latency measured in microseconds and with no compromise on reliability. The strong commitment of the Thomson Reuters Direct Feeds team to our program will further ensure our market data customers benefit fully from these enhancements.”

 

This solution is specifically designed for high performance price discovery with sub-millisecond data normalization, distribution and easy integration with customer applications currently consuming Thomson Reuters data.

 

“Thomson Reuters is keen to support NYSE Euronext and customers looking for ultra low latency connectivity,” says Scott Kennedy, Global Business Manager of Thomson Reuters Direct Feeds. “NYSE Euronext has a comprehensive rollout plan for UTP and its associated market data feed and Thomson Reuters remains committed to supporting this service.”

 

Financial market professionals can deploy the solution from within their own data centers already using Reuters Market Data System (RMDS) or connected directly to client trading applications. Additionally, there is further flexibility for installation at the exchange’s co-location premises in order to further minimize latency delays or through Thomson Reuters hosting center.

 

In support of NYSE Euronext’s strategic plans to utilize UTP, Thomson Reuters will continue to provide new feeds based on this new trading platform for the NYSE Euronext markets. Thomson Reuters has over 50 premium low latency venues available via direct exchange connectivity, in addition to more than 300 markets available via its real-time feed solutions.

 

   
     

Questions or comments? Get in touch with us at info@globalinv.com

© 2005-2009 Investment Media Inc.