Exegy and Essex Radez relaunch MarketDataPeaks.com

First Published Wednesday, 27 January 2010 from Automated Trader : Data News

Exegy and Essex Radez launch first public website to track comprehensive market data rates

Jeff Wells, V.P., Product Management, Exegy: "Today, for example, the market peaked at 2,162,363 messages per second, a new all time high."

Exegy Incorporated, the market data appliance company, has announced that it is working with Essex Radez, a leading provider of direct exchange feeds and co-location services for algorithmic trading firms, as a partner on the first public website that tracks real-time market data rates every second of every trading day.

Called MarketDataPeaks.com, the site provides a minute-by-minute account of the aggregated volume of market data messages across major North American exchanges. The site highlights the peaks from the current day as well as historic peaks.

"This site is designed to provide unique information on peaks in market data to the financial community - trading firms, exchanges and regulators," says Jeff Wells, V.P., Product Management at Exegy. "It helps executives stay on top of market data issues and plan for the future. Today, for example, the market peaked at 2,162,363 messages per second, a new all time high."

Kerry Hindle, Director of Market Data Sales & Marketing at Essex Radez, said, "We are pleased to supply the market with this service. We know that every market data manager is interested to know when big peaks are occurring from a reliable third party, and by keeping up to date in real-time, the whole market will be in a better position."

The historic data will be captured and included in the Financial Information Forum's capacity statistics as part of the organization's collaborative efforts to address issues that impact financial technology operations and development in light of rapid changes occurring in the marketplace.

"We look forward to giving our members insight into market data peaks based on this aggregated feed data," says Manisha Kimmel, Executive Director of FIF. "We will include this unique data as part of the FIF Market Data Capacity Working Group discussions and this will allow us to further assist our members in planning and provisioning for market data growth."

All data are processed and updated through a single Exegy Ticker Plant located within the Essex Radez data center at the Equinix NY4 facility in Secaucus, New Jersey. The 340,000 square foot, carrier neutral, Equinix facility is a major data distribution center for the new CBOE C2 platform, Direct Edge, ICE, ISE, BOX, and NASDAQ. In addition totion to Secaucus, Essex Radez operates co-location facilities in New York, Weehawken (New Jersey), and Chicago and provides all North American direct feeds over its private network.

MarketDataPeaks.com features the total number of messages that occur simultaneously in any given second across all live data feeds including NYSE/SIAC, NASDAQ, OPRA, CME, ARCA, BATS and Direct Edge, both Level 1 and 2. The graph displays the highest one-second aggregate peak that occurs in each minute. The graph on the site’s
home page automatically updates every minute.


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