REUTERS ADDS REAL-TIME MONITOR TO MARKET DATA SYSTEM

Posted March 3, 2008

LONDON – Reuters has launched its Reuters Latency Monitor (RLM) to meet growing demand for monitoring the speed or latency at which market data is delivered. Users of RLM will be able to continuously monitor system latency in real time, with the ability to generate alerts if data speed declines.

“Reuters customers need to know that their trading applications are getting data at the high speeds they need to trade effectively,” says Terry Roche, Executive Vice President, Head of Strategic Business, Reuters. “If this speed falls for any reason, RLM will alert users instantaneously so that they can adjust their trading method immediately. Reuters Latency Monitor will give them the vital insight they need on the speed at which data is reaching them on a second-to-second basis.”

RLM shows customers the exact amount of network delay between origination of market data and delivery to their trading applications, which is vital for algorithmic trading applications that aim to capitalize on real-time opportunities in high-velocity markets requiring timely use of data. RLM’s monitoring is passive and does not strain users’ networks, nor does it require modification of the existing Reuters Market Data System (RMDS).