Interactive Data Corporation’s Real-Time Services business now offers its consolidated, low-latency datafeed, PlusFeedSM, via ULLINK’s innovative connectivity and trading platform, UL BRIDGE. ULLINK is a provider of end-to-end connectivity and trading software technologies to the international financial community.
PlusFeed delivers a broad range of financial information from over 450 sources and exchanges worldwide, covering more than six million instruments across multi-asset classes and including extensive Level 2 data. The feed is used by financial institutions around the world to power algorithmic and electronic trading applications.
With the ULLINK plug-in, clients can use Interactive Data’s PlusFeed to power front-end trading screens across trading operations. ULLINK maintains over 400 ready-to-trade connections to popular destinations such as buy-side clients, brokers, exchanges, order routing networks, order management systems and trading applications – in multiple formats and across asset classes.
The new interface can also enable clients to use PlusFeed as an input to ULLINK’s UL IRIS application for pre-trade risk management and to feed the ULLINK smart order routing module, UL SMART, which is designed to provide the best execution of orders across multiple venues. Clients who trade directly on an exchange will be able to use PlusFeed as a primary or backup datafeed, as will those trading with a prime broker who require data to support trading and order routing decisions.
“We have chosen to work with high-quality solutions and data providers, such as Interactive Data, who share our standards for quality, responsiveness and customer satisfaction,” says Laurent Useldinger, CEO of ULLINK. “ULLINK is committed to providing the financial community with innovative solutions to address evolving and complex business needs.”
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