SIX Swiss Exchange (SIX) has selected the Exchange Data Publisher (XDP) from NYSE Technologies as its data delivery application.
XDP has a package of software components designed to ensure exchanges and other liquidity pools meet their market data delivery challenges. The launch of XDP is the result of more than two years of collaboration between SIX and the NYSE Technologies Exchange Solutions Division. XDP leverages NYSE Technologies core high-speed market data technology to offer a highly robust, scalable and flexible tool for data management and delivery.
With XDP, liquidity providers can utilize an off-the-shelf infrastructure to deliver data in a variety of protocols and formats including NYSE Technologies Universal Trading Platform Market Data format. Its module architecture supports the addition of value-added content, new products and advanced bandwidth management features. XDP also fully supports NYSE Technologies new cutting-edge Data Fabric middleware to super-charge performance.
Continuing to find ways to improve our services and extend our capabilities is of paramount importance to SIX, says Chris Landis, head of the Information Technology Division, SIX. Working with NYSE Technologies to implement the Exchange Data Publisher (XDP) allows us to move forward with the confidence that our market data infrastructure can process rapidly growing market volumes while maintaining extraordinarily low latency.
The consistent rise in global market data volumes, programmatic trading and fragmented liquidity all fuel the need for ultra-low latency, flexible data management and a scalable market data delivery strategy, says Stephen Morrow, VP, Exchange Solutions, NYSE Technologies.
Exchange Data Publisher (XDP) allows exchanges to meet these demands today and plan for tomorrow. We will continue to collaborate with innovators like SIX to ensure that our solutions meet the challenges of this rapidly evolving marketplace.
L.D.