Market Data Technology Firm SpryWare Joins Telx Financial Business Exchange

Telx, an interconnection and colocation provider in strategic North American markets, announced that SpryWare, a provider of ultra-low latency feed handlers and direct market data technology, has joined its Financial Business Exchange (FBX), a facility-based infrastructure platform for the capital markets community.

As part of the Telx FBX community, SpryWare will offer financial markets customers secure, low latency access to its Market Information Server, a fully-managed ticker plant solution designed for direct market connectivity for processing high-frequency data.

“By participating in the Telx FBX in New York and Chicago, SpryWare can offer trading firms a competitive advantage through low latency network connectivity to our direct market access (DMA) appliance, MIS,” said Dan Curry, director of sales at SpryWare.

“Telx’s extensive financial markets customer base, combined with our innovative ticker plant technology, serves the latency-sensitive trading community, helping them move each market data event, such as quotes and trades, through the system as fast and reliably as possible.”

“SpryWare’s MIS appliance gives our FBX customers a secure, efficient way to access the vital market exchange information they need to do business,” said Michael Cattell, VP of Financial Markets for Telx. “We are pleased that SpryWare finds value in our growing financial markets ecosystem in our recently expanded New York and Chicago facilities.”

Melanie Rodier has worked as a print and broadcast journalist for over 10 years, covering business and finance, general news, and film trade news. Prior to joining Wall Street & Technology in April 2007, Melanie lived in Paris, where she worked for the International Herald ... View Full Bio