Fixnetix will provide a direct market data feed from NYSE Arca Europe, which will extend the trading scope of Euronext’s regulated markets by adding blue-chip stocks from 11 European countries.
The new direct market data feed to NYSE Arca Europe will take advantage of Fixnetix’s high bandwidth data provision and high performance feed handler technology, and will provide customers with ultra low latency multi-format data from the new MTF, as well as offering the full order book.
The new MTF’s trades will be published in real-time, and will benefit from provision which translates into traders receiving data exactly as it leaves NYSE Arca Europe, with every tick, every time and no spikes in times of high market activity.
“With NYSE Arca Europe we’re committed to providing an efficient, fully integrated MTF service that is powered by proven cutting-edge technology,” says Cees Vermaas, executive director, Sales and Relationship Management, European Cash Markets, NYSE Euronext.
“That’s why we’re pleased to be partnering with Fixnetix, who will complement our MTF proposition by providing direct ultra low latency market data feeds from our UTP-powered trading platform.”
“NYSE Arca Europe will be one of the first services to benefit from the next generation Universal Trading Platform, which ideally complements Fixnetix’s distinctive market data approach with its commitment to ultra low latency, maximum throughput and the highest levels of resilience,” says Hugh Hughes, chief executive officer, Fixnetix.
“NYSE Arca Europe trading data will cover market by limits (10 BBOs), market by orders (full order book), trades, collars, instrument and trading group statuses, session timetable and instrument characteristics.”
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