Interactive Data Corporation has signed an agreement with fellow market data vendor XData that will allow it to provide clients with financial markets data from the Gulf Cooperation Council countries.
The offering will be available from Q4 2009 via Interactive Data’s PlusFeed low-latency data feed.
The data will include real-time pricing information for Middle Eastern stock markets including: Abu Dhabi Securities Exchange (United Arab Emirates); Bahrain Stock Exchange; Doha Securities Market (Qatar); Dubai Financial Market (United Arab Emirates); Muscat Securities Market (Oman); Nasdaq Dubai (United Arab Emirates) and Tadawul (Saudi Arabia).
Interactive Data will access to the feeds through XData’s low-latency information dissemination platform using XD[Xtranet], XData’s proprietary infrastructure.
“PlusFeed already covers a wide array of data and we are consistently seeking ways to further enhance the feed with additional new coverage and the latest technology,” said Hilary London, general manager, EMEA, of Interactive Data’s Real-Time Services business. “This arrangement with XData creates a strong value proposition for our customers, allowing them to be among the first to get direct access to data from key exchanges in the Middle East.”
PlusFeed delivers low-latency data on over six million securities from more than 450 sources around the world.