Thomson Reuters today announced the beta release of an ultra low latency direct feed solution for Nyse Euronext's Universal Trading Platform.
The new connectivity will allow customers to meet the schedule of Euronext Cash markets migration from NSC to the new Universal Trading Platform (UTP).
This solution is specifically designed for high performance price discovery with sub-millisecond data normalisation, distribution and easy integration with customer applications currently consuming Thomson Reuters data.
Financial market professionals can deploy the solution from within their own data centres already using Thomson Reuters leading Reuters Market Data System (RMDS) or connected directly to client trading applications. Additionally, there is further flexibility for installation at the exchange's co-location premises in order to further minimise latency delays or through Thomson Reuters hosting centre.
In support of NYSE Euronext's strategic plans to utilise UTP, Thomson Reuters will continue to provide new feeds based on this new trading platform for the NYSE Euronext markets. As trading firms continue to invest in highly tuned systems to meet the growing demand for low latency networks, Thomson Reuters remains committed to releasing feeds as existing exchanges launch new platforms, in addition to plans to launch additional liquidity venues.
Thomson Reuters currently has over 50 premium low latency venues available via direct exchange connectivity, in addition to more than 300 markets available via its leading, real-time feed solutions. Reuters Data Feed Direct has been named best low latency provider by Inside Market Data for the last two years.
Patrick Lastennet, Director of Data Solutions Europe at NYSE Euronext, said: "Today's new low latency connection is an important milestone following our successful migration of NYSE Euronext's European Bonds on to the platform. NYSE Euronext is committed to delivering a superior market data service with low latency measured in microseconds and with no compromise on reliability. The strong commitment of the Thomson Reuters Direct Feeds team to our program will further ensure our market data customers benefit fully from these enhancements."
Scott Kennedy, Global Business Manager of Thomson Reuters Direct Feeds, added: "Thomson Reuters is keen to support NYSE Euronext and customers looking for ultra low latency connectivity. We are pleased to have completed beta testing of the new data feed. NYSE Euronext has a comprehensive rollout plan for UTP and its associated market data feed and Thomson Reuters remains committed to supporting this service".