Thomson Reuters Extends Low-Footprint, High-Performance Direct Feed Service to Derivatives Exchanges
(Thomson Reuters ONE) -
Customers can now access key options data in a standardized, familiar and
flexible format via Elektron Direct Feed whilst reducing costly server footprint
NEW YORK, July 14, 2015 - Thomson Reuters has today announced that it has
expanded its Elektron Direct Feed service to include the Options Price Reporting
Authority (OPRA). This provides customers with high-performance access to real-
time options data with a low hardware footprint.
Financial services firms are increasing their investment in low-latency feeds as
speed is becoming less of a differentiator and more a core component of market
data infrastructure. This can create a challenge, however, as many are at the
same time looking to reduce their total cost of ownership. Feeds from OPRA in
particular can present server capacity - and therefore investment - challenges
owing to the amount of data they carry.
Elektron Direct Feed was launched by Thomson Reuters in August 2014 to help
address this challenge. As a hardware/software hybrid based on FPGA technology,
it can run multiple feeds on a single server whilst providing a reliable,
deterministic and configurable feed. Elektron Direct Feed delivers the content
its users require whilst also accommodating current and future update rates, all
the while minimising costly server footprint expansion.
"This extension of our direct feed service to cover key US options data is part
of our ongoing process to provide customers with the data they need in the
latency profile and delivery mechanism that suits them," said Mike Powell,
managing director for enterprise capabilities, Financial & Risk, at Thomson
Reuters. "As market participants continue to keep a tight focus on cost whilst
seeking the flexibility to go after new opportunities, we will maintain our own
focus on finding new solutions to our clients' market data challenges."
Thomson Reuters
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businesses and professionals. We combine industry expertise with innovative
technology to deliver critical information to leading decision makers in the
financial and risk, legal, tax and accounting, intellectual property and science
and media markets, powered by the world's most trusted news organization.
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For more information, go to http://thomsonreuters.com.
CONTACTS
Dan Bradley Brian Bertsch
Thomson Reuters Thomson Reuters
+44 (0)20 7542 7024 +1 646-223-5985
dan.bradley(at)thomsonreuters.com brian.bertsch(at)thomsonreuters.com
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Unternehmensinformation / Kurzprofil:
Datum: 14.07.2015 - 10:52 Uhr
Sprache: Deutsch
News-ID 406519
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contact information:
Town:
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Business News
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