Global trading solutions provider QuantHouse has launched a low-latency Euronext UTP data feed to deliver real-time NYSE Euronext market data to clients.
NYSE Euronext is migrating all trading to a new Universal Trading Platform (UTP), the exchange group’s single point of access to its cash and derivatives platforms.
The QuantHouse Euronext UTP feed will be available to clients in four milliseconds from London and 36.5 milliseconds from the US. QuantHouse has upgraded its market connectivity to a dual and identical one gigabit link to support its low-latency market data and order routing services.
“By releasing the new Euronext UTP low-latency, market data, proximity hosting and order routing services, QuantHouse clients have now the choice to benefit from an exchange-neutral solution to anticipate the exchange migration,” said Stephane Leroy, head of global sales and marketing, QuantHouse.
The move follows data provider Thomson Reuters’ release of a beta version of an ultra low-latency direct data feed also for NYSE Euronext’s UTP.
Thomson Reuters’ direct feed solution will provide its clients price discovery with sub-millisecond data normalisation and distribution. Clients will be able to deploy the solution from their own data centres, if they already use Reuters Market Data System, or connect directly via client trading applications. Latency can further be reduced if customers install the solution at NYSE Euronext’s co-location premises.