Reuters adds six new exchange venues to low latency feeds service with launch of RDF-Direct version 1.2
New York - Reuters (LSE: RTR, NASDAQ: RTRSY) today announced six
direct exchange venues have been added to a new version of Reuters Data Feed
Direct product – RDF-Direct Version 1.2.
The venues are: INET ECN, NYSE Arca ECN, NQDS, NASDAQ OrderView, NYSE OpenBook,
and Toronto Stock Exchange Level 1 data. These are in addition to the SIAC and
NASDAQ level 1 services and the full OPRA service launched in 2005.
Version 1.2 of Reuters Data Feed Direct is the only fully managed,
sub-millisecond latency, direct exchange feed handler in the market today. This
upgrade furthers Reuters commitment to being the foremost provider of low
latency products and services and reflects the growing importance of high speed
data delivery as trading becomes increasingly automated.
Three dedicated development teams, with over 30 global staff centered in Hong
Kong, London and St. Louis, are adding new global venues at a fast pace. They
are set to more than double the number of available direct venues by the end of
June, and aim to have a minimum of 16 North American, 14 EU and 12 Asian final
venue releases by the end of 2006.
Bill Ruvo, business and commercial manager for Reuters Data Feed Direct,
said: “Our continual expansion of exchange venues, together with our latency
performance of less than one millisecond and our fully managed service, puts us
ahead of the competition. Additionally, our nearly seamless integration with our
customers' current market data infrastructures creates the smoothest customer
experience possible.”
Demonstrating Reuters deep commitment to direct feeds, Reuters has hired
industry expert, Judy Musho, as customer proposition manager for Reuters Data
Feed Direct reporting to Ruvo.
End
Contacts:
Clare Rowsell Tel: +44 207 786 4866
Penrose Financial
clarer@penrose.co.uk
Nick Bone Tel: +44 207 786 4878
Penrose Financial
nickb@penrose.co.uk
Facts About Reuters Data Feed Direct:
Reuters Data Feed Direct is the industry's fastest direct access solution
offering total latency of less than one millisecond; and it is the only fully
managed service available in the market today. Reuters Data Feed Direct offers
total compatibility with existing Reuters APIs and Reuters Market Data
Service-based applications. Three globally deployed development teams – in St.
Louis, London and Hong Kong – are working at rapid pace to introduce new
global venues to meet market demand. We are aggressively expanding our offering
to carry more than 40 venues by the end of 2006.
- Content from RDF-Direct integrates seamlessly with Reuters Data Feed and RMDS so that our clients can leverage existing consolidated feed and market data infrastructure
- Consistent Reuters APIs and the common Reuters IDN data model facilitate application development
- Embedded Reuters Instrument Code (RIC) symbology further standardizes data management across our clients' organizations
- Reuters DACS permissioning compatibility helps our clients easily entitle and accurately report data usage back to the exchanges, thus reducing their venue fee liability
- RDF-Direct is a fully managed service where Reuters provides, supports and maintains all hardware and software, plus remote 24/7 monitoring to optimize the client experience.
- NASDAQ Level 1
- NYSE OpenBook
- NIDS
- SIAC (New York and American Stock Exchanges)
- Options Price Reporting Agency (OPRA).
- INET ECN
- NYSE Arca ECN
- NASDAQ OrderView
- NQDS
- Toronto Stock Exchange Level 1
- Hong Kong Level 1
- Eurex
Reuters (www.reuters.com), the global information company, provides indispensable information tailored for professionals in the financial services, media and corporate markets. Its trusted information drives decision making across the globe based on a reputation for speed, accuracy and independence. Reuters has 15,300 staff in 89 countries, including staff from the acquisition of Telerate in June 2005. It also includes 2,300 editorial staff in 189 bureaux serving 128 countries, making Reuters the world's largest international multimedia news agency. In 2005, Reuters revenues were £2.4 billion.