Fixnetix, a low latency market data provider, has revealed a low-latency multi-format feed connection to Deutsche Boerse’s real-time data feed, CEF ultra. The feed enables financial firms and market players concerned with high frequency trading to take advantage of CEF ultra's un-netted feed across Fixnetix' iX-Direct low-latency data delivery service, says Fixnetix.
"The demand for better and faster data delivery is continuing to increase and financial firms must have best of breed technologies at all stages of the market data delivery process," says Hugh Hughes, CEO and chairman, Fixnetix. "The major exchanges are making inroads with enhancements to their own technologies, such as CEF ultra, and we are taking this further by combining it with iX-Direct to achieve the lowest possible latency at every stage of delivery."
CEF ultra makes all Eurex pre- and post-trade information available and allows market participants to feed real-time market data into automated trading applications. Delivered across iX-Direct, this will allow financial firms to receive un-netted data from connected markets at unparalleled speeds.
"The growth in algorithmic and ‘black box' trading is driving our development of feeds like CEF ultra," says Georg Gross, head of front office data & analytics at Deutsche Boerse. "Companies like Fixnetix are providing the valuable link in the chain to help us deliver data at the lowest possible latency for our customers."
"We see the development of feeds such as CEF ultra as a necessary step in the quest to reduce data transmission times," continues Hughes. "We have had significant interest in this service already with clients going live across our service on the first day CEF ultra was delivered and a number of others currently completing testing phases."