Winterflood Securities selects Interactive Data feed

Source: Interactive Data

Interactive Data Corporation (NYSE: IDC), a leading provider of financial information, analytics and related solutions, today announced that Winterflood Securities Ltd, one of the UK's leading electronic market making firms, has selected Interactive Data's low-latency, consolidated datafeed, PlusFeed, for use by its traders.

The market data will be fed directly into Winterflood's proprietary trading and database systems for use by its front, middle and back-office functions.

Interactive Data's PlusFeed delivers low-latency data on over six million securities from more than 450 sources around the world, including multi-asset class instrument coverage and extensive Level 2 data. The feed is used by financial institutions globally to power algorithmic and electronic trading applications. Winterflood will populate its trading and database systems with Interactive Data's real-time global exchange data, covering a wide range of asset classes, as well as global over-the-counter prices contributed by over 150 leading market players in the foreign exchange, precious metals, money and fixed income markets.

"Following a comprehensive review, we decided that Interactive Data was the provider most aligned with our market data needs," said Philip Yarrow, director of Electronic Trading at Winterflood. "Interactive Data offered us the breadth and depth of coverage, ease of integration and low-latency delivery that we needed to help us further increase performance and handle the continuous growth of data consumption in a cost-effective way."

"We are delighted that Winterflood has chosen Interactive Data to supply global market data to its traders," said Hilary London, general manager, EMEA at Interactive Data's Real-Time Services business. "With its depth of coverage, as well as its low latency and flexibility of delivery, PlusFeed is a compelling solution for companies that need a high-quality datafeed for business-critical processes and trading operations."

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