Reuters (LSE: RTR, NASDAQ: RTRSY) today announced six direct exchange venues have been added to a new version of Reuters Data Feed Direct product – RDF-Direct Version 1.2.
The venues are: INET ECN, NYSE Arca ECN, NQDS, NASDAQ OrderView, NYSE OpenBook, and Toronto Stock Exchange Level 1 data. These are in addition to the SIAC and NASDAQ level 1 services and the full OPRA service launched in 2005.
Version 1.2 of Reuters Data Feed Direct is the only fully managed, sub-millisecond latency, direct exchange feed handler in the market today. This upgrade furthers Reuters commitment to being the foremost provider of low latency products and services and reflects the growing importance of high speed data delivery as trading becomes increasingly automated.
Three dedicated development teams, with over 30 global staff centered in Hong Kong, London and St. Louis, are adding new global venues at a fast pace. They are set to more than double the number of available direct venues by the end of June, and aim to have a minimum of 16 North American, 14 EU and 12 Asian final venue releases by the end of 2006.
Bill Ruvo, business and commercial manager for Reuters Data Feed Direct, said: "Our continual expansion of exchange venues, together with our latency performance of less than one millisecond and our fully managed service, puts us ahead of the competition. Additionally, our nearly seamless integration with our customers' current market data infrastructures creates the smoothest customer experience possible."
Demonstrating Reuters' deep commitment to direct feeds, Reuters has hired industry expert, Judy Musho, as customer proposition manager for Reuters Data Feed Direct reporting to Ruvo.