Quote Volumes Prompt Townsend Ticker Revamp

DELIVERY TECHNOLOGIES

Market data and trading software vendor Townsend Analytics is nearing the end of a complete redesign of its in-house ticker plant in order to cope with the rising volumes of quote data.

The move to create a virtually new quote engine, dubbed TALHermes, was prompted by the increasing frailty of the more than 15-year-old TA_Srv ticker plant in the face of rising market data message rates.

"Quote rates have gone up—it really is an arms race. All the feeds are increasing their bandwidth and quote

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