Best Low-Latency Data Feed: Thomson Reuters
Thomson Reuters’ Elektron infrastructure for market data has been attracting trading venues and brokers since it was officially unveiled in mid-April this year. In tandem with a number of expanded features—in other data services—the provider was adjudged winner of the best low-latency data feed category in the Waters Rankings 2010. Thomson Reuters has been supplying an ever-increasing number of European traders with its low-latency feed—many of whom are members of Bats Europe, which implemented the vendor’s pan-European low-latency direct feed in late July—through its Elektron hosting facility in London. Thomson Reuters rolled out its Elektron initiative in order to leverage its direct feeds infrastructure, its network of hosted service centers within Savvis datacenters, and a global distribution layer based on its RMDS data platform. Elektron handles IDN-style messages through a hub-and-spoke data model that offers more fields and capabilities on the same infrastructure. Users are seeing a 20-fold improvement in the time needed to provide data to firms located in proximity to data sources, say Thomson Reuters officials.
1 Thomson Reuters (33.5%)
2 Bloomberg (30%)
3 Activ Financial (16.4%)
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
More on Awards & Rankings
Waters Rankings 2024: All the winners
WatersTechnology readers voted to determine the winners in 35 technology and data categories comprising this year’s virtual Waters Rankings.
Waters Rankings 2024: Best reference data provider—Association of National Numbering Agencies (ANNA)
Product/service: ANNA Service Bureau (ASB)
Waters Rankings 2024: Best corporate actions solution provider—SIX
Product/service: Global Corporate Actions service
Waters Rankings 2024: Best cybersecurity provider—AI Risk
Product/service: AIR-GPT platform
Waters Rankings 2024: Best transaction-cost analysis (TCA) system provider (highly commended)—S&P Global Market Intelligence
S&P Global Market Intelligence’s Transaction Cost Analysis tool is highly commended in the best transaction-cost analysis (TCA) system provider category of the 2024 Waters Rankings.
Waters Rankings 2024: Best reporting system provider—S&P Global Market Intelligence Cappitech
Product/service: Cappitech
Waters Rankings 2024: Best trading floor communication system provider—Cloud9
Cloud9 wins the best trading floor communication system provider category in the 2024 Waters Rankings.