Market data

NYSE Technologies launches data feed in Brazil

NYSE Technologies, the commercial technology unit of global exchange group NYSE Euronext, has launched its SuperFeed real-time market data delivery service in Brazil in conjunction with Brazilian telecoms firm Unitelco.

According to NYSE Technologies, SuperFeed, which will deliver global market information to Brazil, has a measured transmission speed of 70 milliseconds, which it claims is the lowest registered so far in connections between the US and Brazil.

Unitelco selected redundant, wide-band direct links from NYSE Technologies’ Secure Financial Transaction Infrastructure connectivity network for direct installation into their data centres in Sao Paulo and Rio. Clients in Brazil can obtain a customised SuperFeed data though a link to Unitelco, which NYSE Technologies said reduces costs and minimises unnecessary data overflow.

SuperFeed provides access to consolidated and direct market data from over 30 trading venues in the US, Canada, Europe and Asia, including last trade, top of the book and full-depth information. Data is provided in a normalised format across all venues. According to NYSE Technologies, this allows clients to integrate with trading applications, quickly add new content and eliminate difficulty in managing symbology changes and feed updates.

Brazilian clients will be able to construct and display their own customised order books. They can also add or swap new market data feeds to support new business requirements without having to redesign their local infrastructure, minimising the use and costs associated with new hardware, set up and resourcing.

“SuperFeed greatly streamlines and enhances the delivery of market information to the Brazilian marketplace by sourcing the data directly from NYSE Euronext’s state-of-the-art data centers and reducing latency to the minimum possible by physical laws of distance,” said Stanley Young, CEO, NYSE Technologies, in a statement. “As the first and only truly real-time feed to Brazil, SuperFeed also eliminates the cost and complexity of managing in-house ticker plants and performing data maintenance.”

Luiz Kotek, CEO of Unitelco, added, “SuperFeed provides our customers with unparalleled service and performance that we believe represents a significant step forward in the availability of real-time trading information and global market data.”