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SpryWare unveils Brazil feed handler

21 April 2011  |  3116 views  |  0 Source: SpryWare

SpryWare, a premier provider of Ultra Low Latency feed handlers and direct market data technology, today announced the general availability of their feed handler for real-time processing of Brazil's BM&F Bovespa exchange's new Unified Market Data Feed (UMDF).

The new feed handler development was driven by increasing client demand and growth in Latin American markets. The feed utilizes FIX/FAST protocol and is included with the latest version of the SpryWare Market Information Server (MIS).

Daniel P. Curry, Director of Sales, SpryWare, said: "The trading community in Brazil has seen rapid growth over the last couple of years, especially in the area of high frequency algorithmic trading. There are many more hedge funds trading in Brazil now and the demand for low latency DMA has seen a corresponding increase. These trends combined with client demand justified developing a native feed handler for Bovespa, and we are excited to be offering a low latency feed handler for that segment."

SpryWare is committed to an expanded international roadmap where demands for direct feeds are on the rise. The SpryWare MIS technology platform, providing single digit microsecond latency feed handlers capable of processing 10 million plus messages per second per server, is an ideal solution for companies moving into new markets. The platform is simple to deploy with a minimal hardware footprint. The Brazil feed handler is available on both Microsoft and Linux OS, and is hardware neutral taking full advantage of the newest processors available.

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