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SpryWare unveils option feed handlers

21 October 2009  |  1024 views  |  0 Source: SpryWare

SpryWare, a premier provider of Ultra Low Latency feed handlers and direct market data technology, today announced the release of new feed handlers for the direct ARCABook for Options and ARCABook for Complex Options feeds.

Additionally, SpryWare is developing new feed handlers for the ISE Depth of Market Feed and ISE Top of Book Feed for an upcoming release later in the fourth quarter.

The new feed handlers offer SpryWare clients an alternative to the Options Price Reporting Authority (OPRA) for processing options data. Unlike OPRA, the ARCA and ISE feeds are direct feeds, making it possible to get options prices with lower latency than the consolidated OPRA feed. Other advantages to the new direct feeds are access to the full depth view on options and access to pre-market quotes both of which are unavailable on OPRA.

"We're seeing a growing trend to source the option feeds directly" says Dan Curry, Director of Sales from SpryWare. "The options exchanges are very interested in providing their own specialized feeds. We already process the entire OPRA feed on a very small hardware footprint, so it was natural to add these new direct feeds to our platform" continues Curry.

The ARCA and ISE feed handlers are optimized for full utilization of the SpryWare Market Information ServerTM (MIS) platform, giving them the well known high capacity and low latency advantages of SpryWare ticker plant technology.

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