Source: Direct Edge
Direct Edge(R), one of the world's leading equities exchange operators, announces Edge Ticker PlantSM, an accelerated market data aggregator.
It leverages the Connect EdgeSM network and Exegy ticker plant technology to integrate more than 20 market data feeds with direct market access to all major U.S. equity exchanges. Edge Ticker Plant enables traders to cross-connect to a Direct Edge ticker plant and potentially reduce their technology spend for critical low latency data collection. Edge Ticker Plant expands the Connect Edge ecosystem, a high-speed, low latency network which allows traders to access Direct Edge through multiple Points of Presence (PoP) by cross-connecting from within their own facility to a Connect Edge PoP.
"Trading firms are being squeezed by shrinking trading volumes and an increased need for expensive, low latency data processing and connectivity services that can handle massive amounts of data traffic," said Kevin Carrai, Head of Connectivity and Member Services at Direct Edge. "There is a great opportunity for Direct Edge to expand its partnership with its customers by delivering infrastructure services that are world class, at costs that are less for customers than building and maintaining the capabilities in-house."
Edge Ticker Plant is available as of August 6.