The Elektron high-performance trading and data infrastructure of Thomson Reuters has been selected to power Dow Jones U.S. index data business, including the Dow Jones Industrial Average.
The Elektron solution includes low-latency direct feeds for U.S. index constituent prices, corporate actions and company fundamentals.
The Dow Jones Industrial Average has been the leading benchmark index for U.S. equity markets for more than a century, says Ralf Roth, managing director, Elektron Feeds and Platform, Thomson Reuters. It is a privilege to be selected as a provider of next generation data solutions to power Dow Jones Indexes U.S. indexes in this era of high performance trading.
Thomson Reuters already supplies real-time data for Dow Jones Indexes international indexes.
We are always searching for the latest technology to ensure we are providing the most scalable, robust and lowest-latency architectures, says Michael A. Petronella, president of Dow Jones Indexes. Once we made the decision to re-evaluate our vendor relationships as part of a broader technology review, Thomson Reuters clearly demonstrated that Elektron could deliver on all of our performance criteria.
(CG)