Nyse Technologies, the commercial technology unit of Nyse Euronext (NYX) and a world leader in trading technology and low-latency market data solutions, is actively expanding its SuperFeed product suite to Asian markets.
SuperFeed is Nyse Technologies' fully managed and hosted data ticker plant, with microsecond latency and coverage of major markets in North America, Europe, and now Asia. SuperFeed Asia currently provides access to the Hong Kong Stock Exchange's Price Reporting System (PRS) derivatives feed and Market Data Feed (MDF) cash feed via its Hong Kong data centre, with plans to expand to other major Asia-Pacific markets in 2010.
"SuperFeed is one of our most comprehensive and flexible market data products globally, delivering microsecond latency over high performance middleware," said Peter Tierney, Managing Director, Asia-Pacific, Nyse Technologies. "The addition of major Asia markets complements existing offerings in US and Europe, and allows sophisticated international traders to receive data from all the key global markets through a normalized and managed feed."
"We're pleased to see the expansion of NYSE Technologies' SuperFeed product into Asia, a region becoming increasingly attractive to our high frequency trading clients," said Nigel Kneafsey, CEO at Options IT, a leading provider of high-performance technology infrastructure as a service and ultra-low latency market connectivity for hedge funds, proprietary trading shops and brokerages. "Our clients leveraging SuperFeed in the U.S. and Europe will surely see value in leveraging the same application in Asia."
NYSE Technologies' customers can obtain direct connectivity to the SuperFeedTM Asia service from the Options IT facilities in Hong Kong. The service is already live with a large global trading firm and under evaluation by several others.