Thomson Reuters, a market data vendor, has established a new low-latency direct data feed to Turquoise, the multilateral trading facility set up by nine investment banks. The feed will provide Thomson Reuters’ clients with high-speed access to Turquoise data. Reuters said it added the Turquoise feed in response to growing interest in multilateral trading facilities.
Thomson Reuters’ direct exchange feed platform, Reuters Data Feed Direct, will give the vendor’s clients immediate access to the Turquoise feed. Reuters Data Feed Direct provides sub-millisecond direct exchange feed connectivity to exchanges around the world.
“Milliseconds can make a big difference when you’re trading and ensuring our growing customer base can have direct feed connectivity to Turquoise is a central part of our distribution strategy,” said Yann l’Huiller, Turquoise’s chief technology officer, in a statement. “We aim to work closely with ultra-low-latency providers like Thomson Reuters and we are delighted that they have written a high performance data feed for our pan-European, open equity trading platform.”