07:40 AM
Fixnetix to Offer Low-Latency Data Feed to JSE
Fixnetix, a provider of low latency market data and trading services, will provide a direct data feed from the JSE, South Africa's only full service securities exchange. The new direct market data feed to the JSE will take advantage of Fixnetix's high bandwidth data provision and feed handler technology. The technology will provide customers with low latency, multi-format data from the JSE, as well as providing the full order book.
The JSE also provides companies with the opportunity to raise capital in a regulated environment through its markets: the Main Board; the Alternative Exchange (Alt-X), and soon the Africa Board.
"There is increasing interest in the African market from both local and international investors, and we're delighted that Fixnetix has added the JSE to its exchange offerings," commented Ana Forssman, Head of Information Products Sales at the JSE in a statement. "At the JSE we're committed to sourcing the best available technologies to distribute our data, we are thrilled to be collaborating with Fixnetix, a leading provider of end-to-end market data provision and trading access."
"We're delighted to offer an ultra-low latency connection to the JSE, making Fixnetix the data feed choice for the growing number of firms that are looking to trade in the South African and the broader African market," added Hugh Hughes, Fixnetix's CEO, in a statement.
Fixnetix's direct latency market data feed solutions have been designed to be fast, reliable and flexible, featuring high performance feed handler technology, dual ticker plants technology and a high bandwidth provision. Fixnetix's feeds are available in multiple formats, offering redundancy throughout the delivery mechanism, according to Fixnetix. Greg MacSweeney is editorial director of InformationWeek Financial Services, whose brands include Wall Street & Technology, Bank Systems & Technology, Advanced Trading, and Insurance & Technology. View Full Bio