Exegy Incorporated, the market data appliance company, MarketPrizm, a leading provider of ultra low latency market data and trading infrastructure services and the Financial Information Forum have announced today the launch of the first European website to track real-time market data rates every second of every trading day.
Called MarketDataPeaks.eu, the site provides a minute-by-minute account of the aggregated volume of market data messages across major European exchanges. The site highlights the peaks from the current day as well as historic peaks.
"This site is designed to provide unique information on peaks in market data to the financial community - trading firms, exchanges and regulators," says Jeff Wells, V.P., product marketing at Exegy. "It helps executives stay on top of market data issues and plan for the future."
Tanuja Randery, chief executive officer at MarketPrizm, said "we are pleased to supply the market with this service. We know that every market data manager is interested to know when big peaks are occurring from a reliable third party, and by keeping up to date in real-time, the whole market will be in a better position."
The historic data will be captured and included in the Financial Information Forum's capacity statistics as part of the organization's collaborative efforts to address issues that impact financial technology operations and development in light of rapid changes occurring in the marketplace.
"We look forward to giving our members insight into European market data peaks based on this aggregated feed data," says Manisha Kimmel, Executive Director of FIF. "We will include this unique data as part of the FIF Market Data Capacity Working Group discussions and this will allow us to further assist our members in planning and provisioning for market data growth.
All data are processed and updated via Exegy Ticker Plants located within the MarketPrizm data center infrastructure. MarketPrizm operates in multiple co-location facilities in Europe and provides access to all European direct feeds over its private ultra low latency network.
MarketDataPeaks.eu features the total number of messages that occur simultaneously in any given second across all live data feeds including the LSE, Chi-X Europe, BATS, NYSSE Euronext and Deutsche Börse both Level 1 and 2. The graph displays the highest one-second peak that occurs in each minute. The graph on the site's home page automatically updates every minute.
MarketDataPeaks.eu is co-sponsored by Exegy, MarketPrizm and the Financial Information Forum.