Data provider Thomson Reuters has released a beta version of an ultra low-latency direct data feed for NYSE Euronext’s Universal Trading Platform (UTP), the exchange group’s single point of access to its cash and derivatives trading platforms.
Thomson Reuters’ direct feed solution will provide its clients price discovery with sub-millisecond data normalisation and distribution. It will also allow customers that already use Thomson Reuters data applications to meet the schedule of Euronext’s cash markets current migration from the existing NSC trading platform to the new UTP.
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.
“Today’s new low-latency connection is an important milestone following our successful migration of NYSE Euronext’s European bonds on to the platform,” said Patrick Lastennet, director of data solutions Europe at NYSE Euronext. “The commitment of the Thomson Reuters direct feeds team to our programme will further ensure our market data customers benefit fully from these enhancements.”