09:51 AM
NYSE Technologies Extends SuperFeed Data Coverage to Asian Markets
NYSE Technologies is actively expanding its SuperFeed product suite to Asian markets, starting with the Hong Kong Stock Exchange's derivatives and cash feed, according to today's announcement. SuperFeed is a fully managed and hosted data ticker plant, with microsecond latency and coverage of major markets in North America, Europe and now Asia.
SuperFeed Asia currently provides access to the Hong Kong Stock Exchange's Price Reporting System (PRS) derivatives feed and Market Data Feed (MDF) cash feed via its Hong Kong data center, with plans to expand to other major Asia-Pacific markets in 2010.
"SuperFeed is one of the most comprehensive and flexible market data products globally, delivering microsecond latency over high performance middleware," stated Peter Tierney, managing director, Asia-Pacific, NYSE Technologies. "The addition of major Asia markets complements existing offerings in US and Europe, and allows sophisticated international traders to receive data from all the key global markets through a normalized and managed feed," add Tierney in the release.
In a statement, Nigel Kneafsey, CEO at , a provider of high-performance technology infrastructure as a service and low-latency market connectivity, said he was pleased to see the expansion of NYSE Technologies' SuperFeed product into Asia, where the region is increasingly attractive to the firm's high frequency trading clients. "Our clients leveraging SuperFeed in the U.S. and Europe will surely see value in leveraging the same application in Asia," stated Kneafsey, in the release.
Customers of NYSE Technologies can obtain direct connectivity to the SuperFeed Asia service from the Options IT facilities in Hong Kong. The SuperFeed Asia service is already live with a large global trading firm and under evaluation by several others, according to NYSE Technologies.
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