Interactive Data Corporation, a leading provider of financial market data, analytics and related solutions, today announced that it has further expanded its coverage of Middle East feeds via PlusFeed, its low-latency consolidated data feed.
Real-time pricing data from the following exchanges is now live via PlusFeed: Abu Dhabi Securities Exchange, Bahrain Stock Exchange, Dubai Financial Market, Kuwait Stock Exchange, Muscat Securities Market, NASDAQ Dubai, Qatar Exchange, and Saudi Stock Exchange.
"We have seen strong demand from both our international and local clients for real-time market data from the Middle East region," said Rob Lane, markets manager, Electronic Trading at Interactive Data. "The region has the potential for sustained growth in the years to come and plays an important part in many firms' investment portfolios. This Middle East real-time pricing data via PlusFeed complements Interactive Data's wide range of reference data available for the region."
Interactive Data's PlusFeed is a high-capacity, low-latency data feed that delivers comprehensive global, multi-asset class instrument coverage from more than 450 sources worldwide, including over 125 exchanges, with extensive level 2 data. The feed is used by financial institutions, hedge funds and execution management system (EMS) providers worldwide to power algorithmic and electronic trading applications, as well as many other time-sensitive applications. Interactive Data seeks to consistently expand its coverage and further enhance its technology to position PlusFeed as the feed of choice.
PlusFeed is also available on the Interactive Data 7ticks high-performance managed trading network. Interactive Data 7ticks is a managed ultra-low latency service designed to facilitate electronic trading.