Fixnetix, a leading provider of ultra-low latency market data, trading and exchange hosting services, has announced that it will provide a direct market data feed from Nyse Arca Europe, Nyse Euronext's new pan-European Multilateral Trading Facility (MTF), which will extend the trading scope of Euronext's regulated markets by adding blue-chip stocks from 11 European countries.
The new direct market data feed to NYSE Arca Europe will take advantage of Fixnetix's high bandwidth data provision and high performance feed handler technology, and will provide customers with high quality ultra low latency multi-format data from the new MTF, as well as offering the full order book.
Powered by the Universal Trading Platform (UTP), NYSE Arca Europe will benefit from UTP's core features of ultra low latency with timing in microseconds, high throughput and strong resilience. The new MTF's trades will be published in real-time, and will benefit from Fixnetix's high bandwidth provision which translates into traders receiving data exactly as it leaves NYSE Arca Europe, with every tick, every time and no spikes in times of high market activity.
"Fully integrated with NYSE Euronext, our new NYSE Arca Europe offering combines the best of both worlds for our clients: the flexibility of an MTF with the global trading expertise of a leading exchange," commented Cees Vermaas, Executive Director Sales and Relationship Management, European Cash Markets NYSE Euronext. "With NYSE Arca Europe we're committed to providing an efficient, fully integrated MTF service that is powered by proven cutting-edge technology. That's why we're pleased to be partnering with Fixnetix, who will complement our MTF proposition by providing direct ultra low latency market data feeds from our UTP-powered trading platform."
"NYSE Arca Europe will be one of the first services to benefit from the next generation Universal Trading Platform, which ideally complements Fixnetix's distinctive market data approach with its commitment to ultra low latency, maximum throughput and the highest levels of resilience. By offering a high performance direct market data feed to NYSE Arca Europe we're again confirming Fixnetix as the data feed choice for the growing number of firms that are looking to trade the most liquid European equities," added Hugh Hughes, Fixnetix's Chief Executive Officer. "Our commitment to end-to-end market data provision ensures that we can provide firms with the fastest access to NYSE Arca Europe data, and we look forward to introducing new clients and liquidity into this important new MTF as it launches on a phased basis throughout 2009."
NYSE Arca Europe trading data will cover market by limits (10 BBOs), market by orders (full order book), trades, collars, instrument and trading group statuses, session timetable and instrument characteristics.
Fixnetix's direct ultra low latency market data feed solutions have been designed to be fast, reliable and flexible, featuring high performance feed handler technology, dual ticker plants technology and high bandwidth provision. Fixnetix's feeds are available in multiple formats for quick and seamless integration, offering full redundancy throughout the entire delivery mechanism, and are provided on-the-wire reducing support and implementation costs and timeframes.