Interactive Data, a provider of market data and analytics, has expanded the global connectivity of its Interactive Data 7ticks network to support the delivery of managed low-latency market data feed services.
The Interactive Data 7ticks business has added direct connectivity to the London Stock Exchange, Turquoise, Italian Derivatives Exchange Market, Bolsas y Mercados Españoles, London Metal Exchange, BATS Europe, Chi-X Europe, Quote MTF, SIX Swiss Exchange, Johannesburg Stock Exchange and Oslo Stock Exchange.
Interactive Data already offers connectivity to various North American equities, futures, options and FX markets. The 7ticks network also connects to financial markets in the Asia-Pacific region via data centre connections in London and Chicago. The firm now offers clients direct access to some 50 markets worldwide.
“Traders around the world continue to seek faster execution times, while also maintaining the need for greater control over their low-latency trading strategies and connectivity,” said Emmanuel Doe, president, trading solutions group at Interactive Data. “We continue to expand our coverage and the availability of our 7ticks network to the electronic marketplace on a global level.”
Interactive Data provides direct access to global exchanges through points of presence with data centre providers, including Equinix. The expansion of the 7ticks network also allows market participants to gain market data from more locations, via hosting centres.
Clients can use the 7ticks network to gain direct market access, co-location and proximity hosting to direct exchange data, consolidated data as well as reference and corporate actions data. Direct connectivity is available to futures, options, equities and FX exchanges and trading venues.
“The pressure to provide faster trading services, quicker time to market, and handle complex new equipment – these are the areas where we believe we can help add value to clients,” said Doe. “We offer ultra-low latency connectivity that can help support strategies such as cross-border arbitrage, for example. We effectively run a one-stop shop for all clients’ trading technology needs.”