SunGard introduces low latency market data servers for GL Net

Source: SunGard

SunGard has deployed new ultra-low latency market data distribution (MDD) servers for GL Net, its market data and order routing network.

GL Net customers will now be able to access highly scalable and enriched market data flows delivered at a microsecond level. The new servers will help customers to take advantage of new trading opportunities in a fragmented multi-venue environment by delivering enriched, real-time market data to their automated trading systems.

SunGard's new MDD servers can significantly increase market data throughput compared with previous versions, and achieve ultra-low latency down to the microsecond level. They are also highly scalable for management of volume spikes in turbulent market conditions. The new servers will gradually roll out through 2010, replacing all of SunGard's existing market data servers, and helping to deliver increased performance and capacity to SunGard's market data customers.

Vincent Burzynski, chief product officer for SunGard's global trading business, commented: "A consequence of the fragmentation of liquidity in the U.S. and Europe has been that market data volumes have increased sharply. SunGard's customers need not only smart order routers and automated trading systems, but also market data distribution servers able to operate with ultra-low latency. SunGard is committed to developing and deploying servers offering microsecond latency."

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