US agency boutique broker Rosenblatt Securities has partnered with NYSE Technologies, the commercial technology unit of exchange group NYSE Euronext, to help buy-side clients better analyse pre- and post-trade execution performance.
Rosenblatt will install SuperFeed, NYSE Technologies market data ticker plant and distribution system, for its global data feeds. SuperFeed comprises NYSE Technologies' feed handler suite, data fabric middleware, SFTI networking capabilities and will supply Rosenblatt with data from major markets in Europe, the US and Asia.
According to NYSE Technologies, using SuperFeed will allow Rosenblatt to cut data storage and retrieval costs for its cloud-based ticker plant, thereby allowing the broker to offer its pre- and post-trade transaction cost analysis tools to clients at a cheaper rate. The broker will also be able to use SuperFeed to power its Imbalance Tracker, a real-time, customisable view of supply and demand of securities around the open and close of trading.
“Our industry-leading transaction-cost analysis requires huge quantities of data delivered through high-performance, reliable systems,” said Richard Rosenblatt, CEO of Rosenblatt Securities.
“NYSE Technologies’ solution gives us the performance and flexibility we need, while allowing us to reduce our data acquisition costs.
SuperFeed is an important component of our cloud computing technology efforts.”