UK Software House Sinara Consultants has announced plans to significantly extend the Level II data coverage for its QuoteStream product.
QuoteStream is designed to provide real-time data for online trading of equities or CFDs, and spread betting applications. A unique feature of QuoteStream is the Data Consolidator, which delivers data to online traders or trading applications at a manageable rate without discarding any data.
QuoteStream already handles Level II data from NASDAQ, and Sinara plan to include Level II data from the US Archipelago exchange and NYSE OpenBook during Q3. Level II coverage will be further expanded to include major European Exchanges during Q4.
Gary Hughes, Head of Sales & Marketing, comments: "We are seeing client demand for an increasing range of Level II data, particularly for trading applications. QuoteStream's Data Consolidator allows clients to configure their systems to receive Level II data at a rate that suits their needs, so they are not swamped by the sheer volume of data coming down the feed."