Nyse Technologies, the commercial technology unit of Nyse Euronext, and Universal Telecom (Unitelco), the Brazilian telecom operator today announced the launch of the first real-time market data delivery service to Brazil, Nyse Technologies' SuperFeed.
Offering extensive global market information coverage delivered with ultra-low latency, SuperFeed has a measured transmission speed of only 70 ms, the lowest registered so far in connections between the U.S. and Brazil.
Unitelco selected redundant, wide-band direct links from NYSE Technologies' SFTI network in New York for direct installation into their data centers in Sao Paulo and Rio. In Brazil, clients can obtain their own customized SuperFeed data via a link to Unitelco, allowing for substantial cost reduction and minimizing unnecessary data overflow.
"SuperFeed greatly streamlines and enhances the delivery of market information to the Brazilian marketplace by sourcing the data directly from NYSE Euronext's state-of-the-art data centers and reducing latency to the minimum possible by physical laws of distance," said Stanley Young, CEO, NYSE Technologies. "As the first and only truly real-time feed to Brazil, SuperFeed also eliminates the cost and complexity of managing in-house ticker plants and performing data maintenance. This service represents a dramatic advancement in how the Brazilian financial industry accesses and utilizes information from markets around the world and we are very pleased to work with Unitelco to offer it in Brazil."
SuperFeed provides on-demand access to consolidated and direct market data from over 30 markets in the U.S., Canada, Europe and Asia, including last trade, top of the book and full-depth information from markets such as NYSE, Nasdaq, OPRA, CME, LSE, Toronto Stock Exchange, Deutsche Boerse, Chi-X and many others - all in a normalized format across all venues. This allows clients to integrate seamlessly with trading applications, quickly add new content and eliminate difficulty in managing symbology changes and feed updates.
Brazilian clients will be able to construct and display their own customized order books. They can also add or swap new market data feeds to support new business requiremrequirements without having to redesign their local infrastructure, minimizing the use and costs associated with new hardware, set up and resourcing.
Luiz Kotek, Unitelco CEO said, "This new service is part of an ambitious investment plan to expand our coverage and breadth of solutions for the Financial Industry in Brazil. Unitelco has spared no effort in building this advanced technology service which no other provider will be able match in Brazil. SuperFeed provides our customers with unparalleled service and performance that we believe represents a significant step forward in the availability of real-time trading information and global market data."
SuperFeed is a ground-breaking offering for Brazilian traders and investors requiring real-time global market information. SuperFeed provides the unique ability to easily scale from the specific needs of individual trading desks to the complex, time-sensitive algorithmic applications as well as broad enterprise-wide requirements.