Reuters is stepping up its algorithmic trading programme with the forthcoming release of a new Tick Capture Engine designed to capture and store large amounts of streaming and historical data for real-time analysis and decision making.
Reuters Tick Capture Engine, which is powered by Vhayu Technologies, allows the capture and analysis of high speed streaming content across multiple market venues, as well as building a historical view for detailed analysis and back testing of algorithmic strategies.
The new capability is complementary to the recently launched Reuters Data Feed Direct, which is designed to provide low latency exchange feeds for automated trading environments.
The news and information group says Reuters Tick Capture Engine will support Data Feed Direct and will integrate with the Reuters Market Data System (RMDS) platform as well as customer created publishers for their proprietary data.
Marie Giangrande, VP strategic alliances for Reuters, says: "With this product customers will be able to capture, tick by tick, a deeper and broader set of market data - commingled with their in-house proprietary data to feed sophisticated real-time algorithmic trading strategies."