Source: Telekurs Financial
Telekurs (USA) Inc. and Wombat Financial Software Inc. today announced availability of Wombat's new feed handler for MDFstream, Telekurs' real-time broadcast market data feed.
The new MDFstream feed handler includes the same extensive configuration and administrative controls that Wombat currently offers with its Universal Feed Handler Suite. The feed handler allows customers to push either real-time, tick-level data or security master data onto the majority of commonly deployed data distribution platforms, including Wombat's own MAMA and Wombat Transport platforms.
Wombat's market data distribution products deliver low-cost but ultra-high performance market data infrastructure, handling direct and aggregated exchange feeds with latency as low as sub-3 milliseconds. Wombat also offers its "next-generation market data infrastructure", including middleware components, virtual order books and option chains, tick-capture adapters and signal servers.
Ron Verstappen, president and CEO of Wombat, said, "In many cases, our customers need to use direct feeds for sources such as OPRA, CTA, NASDAQ and the ECNs. However, very often these firms also need security master or reference data and data from a wide variety of exchanges to support the low latency, direct real-time data feeds. The addition of this feed handler is very complementary to our direct feed products."
Telekurs' MDFstream uses a simple and rapid queuing design that enables it to process very large amounts of data trouble-free. Telekurs directly sources its data from more than 200 global exchanges and 400 third-party contributors, and consolidates the data into a normalized, real-time feed.
Barry Raskin, president of Telekurs (USA), said, "This development not only allows Wombat customers to access Telekurs data, but also creates the opportunity for our customers to harness Wombat for extremely latency-intolerant feed requirements or for high performance feeds such as OPRA. For derivatives feeds in particular, given the costs and volumes involved, it really makes sense for active participants in that segment to directly access those feeds, while relying on a traditional consolidator such as Telekurs for everything else."