Thomson Reuters Launches Low-Latency Hosted OPRA Feed

Thomson Reuters has launched a new hosted, low latency direct feed to OPRA, the US Options Agency. The solution, delivered through Reuters Hosting Solutions (RHS), is part of Thomson Reuters expanding catalogue of hosted low latency venues. The delivery of full-tick, low-latency OPRA market data via its new, network-optimized hosting facility in Nutley, New Jersey marks a milestone in Thomson Reuters strategy to deliver direct connect, high-performance data to customers with full support for application-critical Reuters symbology and API capabilities.

Several significant technical capabilities distinguish this offering including direct exchange delivery via Radianz Ultra Access, a high speed service that delivers OPRA data to the RHS data center in sub-millisecond timeframes, with 100% availability. The Radianz Ultra Access infrastructure is built on a high speed, fully resilient, self-healing, fiber Ethernet over wave-length architecture that provides ultra low latency connectivity. Bill Ruvo, global business manager of Real-time Feeds at Thomson Reuters, noted in a press release, “algorithmic and programmatic trading systems require access to full-tick, low-latency OPRA data through a scalable service that can handle not only today’s 3 billion-plus messages per day, but also tomorrow’s projected growth rates. Thomson Reuters aims to meet this market need by providing this solution with minimum impact on customer infrastructure.” Thomson Reuters has hosting facilities in New York and London for all major North American and European equity and derivatives venues.