Thomson Reuters expands Elektron for US customers
First Published 23rd July 2012
Thomson Reuters launches consolidated feed for Chicago-based market participants, delivers low latency Canadian direct exchange feeds to US Elektron-hosted customers
Peter Moss, managing director, Trading, Thomson Reuter
"By bringing down low latency feeds from key Canadian venues to our US hosting centers we are helping to further connect markets and extend the liquidity pool for our US clients."
New York - Thomson Reuters has launched two new Elektron data solutions intended to provide US market participants with lower latency access to broader and deeper content from financial markets venues. The first initiative sees Thomson Reuters launch its consolidated feed, Elektron Real Time, in Chicago to provide local market participants with full tick depth-of-market data from multiple venues around the world. Secondly, customers using Elektron hosting centres in Chicago and New York can now access low latency direct feeds from Canadian venues to fuel cross-border algorithmic and systematic trading strategies.
Chicago supports one of the largest derivatives trading communities in the world and local market participants have exacting performance requirements due to their latency-sensitive trading strategies and the bandwidth intensive nature of derivatives data. To address these requirements, Thomson Reuters is now providing its next generation consolidated feed, Elektron Real Time, to this market, enabling local professionals to leverage Elektron's distributed architecture, to source broader and deeper content with faster rates of delivery.
"Elektron is our flagship infrastructure for connecting and enabling financial markets, delivering real-time and low latency data in all major financial centers globally," said Peter Moss, managing director, Trading, Thomson Reuters. "We have strong communities of financial professionals in Canada, the United States and South America. By bringing down low latency feeds from key Canadian venues to our US hosting centers we are helping to further connect markets and extend the liquidity pool for our US clients. In Chicago, the launch of our next generation consolidated feed, Elektron Real Time, will super-charge the speed of delivery and breadth and depth of content that we can deliver to local participants."