Thomson Reuters delivers beta version of an ultra low latency direct feed application for NYSE Euronext’s Universal Trading Platform (UTP). In addition, the provider will supply NYSE Euronext with new feeds based on the new trading platform.
The offered tool is designed for high performance price discovery with sub-millisecond data normalisation, distribution and easy integration with customer applications currently consuming Thomson Reuters data. New connectivity will allow customers to meet the schedule of Euronext Cash markets migration from NSC to the new Universal Trading Platform.
Financial market professionals can deploy the application from within their own data centres already using Thomson Reuters leading Reuters Market Data System (RMDS) or connected directly to client trading applications. Additionally, there is further flexibility for installation at the exchange’s co-location premises in order to further minimise latency delays or through Thomson Reuters hosting centre.
Thomson Reuters currently has over 50 low latency venues available via direct exchange connectivity, in addition to more than 300 markets available via its real-time feed tools.
“Today’s new low latency connection is an important milestone following our successful migration of NYSE Euronext’s European Bonds on to the platform,” says Patrick Lastennet, director of Data Solutions, NYSE Euronext, Europe.
“NYSE Euronext is committed to delivering a superior market data service with low latency measured in microseconds and with no compromise on reliability. The strong commitment of the Thomson Reuters Direct Feeds team to our program will further ensure our market data customers benefit fully from these enhancements.”
“Thomson Reuters is keen to support NYSE Euronext and customers looking for ultra low latency connectivity,” says Scott Kennedy, global business manager of Direct Feeds, Thomson Reuters. “We are pleased to have completed beta testing of the new data feed. NYSE Euronext has a comprehensive rollout plan for UTP and its associated market data feed and Thomson Reuters remains committed to supporting this service”.
L.D.