SR Labs Deploys Market Data Via Options-IT's Cloud

SR Labs has deployed two ultra- low latency feed handling solutions for the Tokyo Stock Exchange on the Options IT Pipe Private Financial Cloud services platform, according to today’s announcements.

The joint offering provides trading firms worldwide with a cost-effective managed low-latency market data solution for Japanese markets, states the release. SR Labs is a provider of market data feed handlers for high frequency trading strategies.

Engineered and optimized for the TSE’s low latency Arrowhead platform, SR Labs now offers both multicast/shared memory (MDRC) and in process (MIPS) feed handling solutions as an on-demand private cloud services via Options PIPE Velocity.

The move comes as U.S. and Europe trading firms look to migrate their high-frequency trading strategies to the Asian markets. Both improvements in exchange speed and market liquidity during the last year, have made Asian markets more appealing to firms deploying low-latency trading strategies.

“Since the launch of Arrowhead in early 2010 and the subsequent launch of Chi-X Japan in July, the Asian market region has quickly developed the speed, liquidity and opportunity for arbitrage that is required for the growth of low-latency trading,” comments Srinivasan Ramiah, CEO of SR Labs. “We’re pleased to extend our relationship with Options IT, a leading low-latency infrastructure provider.“

In the same release, Nigel Kneafsey, CEO of Options IT, added: “During the last six months we’ve seen demand spike for ultra-low latency trading solutions for the TSE Arrowhead market as conditions become more favorable for high-frequency trading. We’re delighted to work with SR Labs, a leading provider of low-latency feed handling solutions to the trading community, to provide a complete managed technology solution to support increased demand in the region.”

Ivy is Editor-at-Large for Advanced Trading and Wall Street & Technology. Ivy is responsible for writing in-depth feature articles, daily blogs and news articles with a focus on automated trading in the capital markets. As an industry expert, Ivy has reported on a myriad ... View Full Bio