Arca Integrated Feed Fact Sheet
2
www.nyx.com ©2011 NYSE Euronext All Rights Reserved dc/N11417/110910 NYSE Arca Integrated Feed The NYSE Arca Integrated Feed provides a complete view o all events on the NYSE Arca equities market as a single, low latency, un-throttled, integrated data eed. This enables customers to beneft rom real-time trade and quote messages in sequence, as they appear on the matching engine. Customer Challenges Existing data products are delivered by specifc content (Trades, Depth o Book, Security Status, etc). Data Correlations Customers need to correlate an order with the resulting quote and an execution with the resulting trade. The process o connecting distinct data eeds to analyze these correlations is time consuming, onerous, and inaccurate. Latency Disparities Since disparate data eeds have inherently dierent latencies, it is difcult to correlate data accurately to determine the correct sequencing o events. Solution Benefts The NYSE Arca Integrated Feed provides a seamless view o NYSE Arca equities data in one market data delivery, while improving latency and adding additional content. Improved Latency The eed improves data delivery by publishing directly rom the matching engines to XDP (Exchange Data Publisher). Sequence Tr ansparency Quotes and trades are published in sequence as they occur on the NYSE Arca UTP (Universal Trading Platorm). Breadth of Market Data Content Depth o Book and Last Sale data is supplemented with Order Imbalances, the PBBO, which updates as the view o the markets update, and trading sessions change message, which allow customers to remove all orders or a trading session without being inundated with delete messages. Stock Summary Messages Separate product channel that includes summary messages sent every minute, regardless o a change to a particular value. Summary messages include high, low, open, close, and volume. Protected Best Bid/Offer The PBBO is only sent on a delta message in the event the Bid or Ask price changes, eliminating any erroneous messages sent. Common Market Data Format (XDP) XDP is a standard ormat across all NYSE Euronext market data products, which optimizes bandwidth and reduces latency o market data delivery . Fast Facts What is it? NYSE Arca Integrated Feed is a low latency, un-throttled market data product that delivers a complete view o the NYSE Arca equities market. What is it for? T raders and latency sensitive customers requiring an in-sequence data eed o the NYSE Arca market. What does it provide? The aggregated market data eed provides a unifed view o events, including depth o book (add, modiy, delete orders), trades (with corrections and cancel/errors), security status, order imbalances, and the PBBO (Protected Best Bid/Oer). About NYSE T echnologies NYSE Technologies provides comprehensive transaction, data, and inrastructure services and managed solutions or buy-side, sell-side, and exchange communities that require next-generation perormance and expertise or mission critical and value- added client services. Find Out More +1 (212) 510-3600 [email protected] http://nysetechnologies.nyx.com Unifed, Un-Throttled Access to NYSE ArcaBook Data
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Transcript of Arca Integrated Feed Fact Sheet
8/3/2019 Arca Integrated Feed Fact Sheet
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www.nyx.com
©2011 NYSE Euronext All Rights Reserved
dc/N11417/110910
NYSE Arca Integrated Feed
The NYSE Arca Integrated Feed provides a complete view o all events on the NYSE Arca
equities market as a single, low latency, un-throttled, integrated data eed. This enables
customers to beneft rom real-time trade and quote messages in sequence, as they
appear on the matching engine.
Customer ChallengesExisting data products are delivered by specifc content (Trades, Depth o Book, Security Status, etc).
Data Correlations
Customers need to correlate an order with the resulting quote and an execution with the
resulting trade. The process o connecting distinct data eeds to analyze these correlations is
time consuming, onerous, and inaccurate.
Latency Disparities
Since disparate data eeds have inherently dierent latencies, it is difcult to correlate data
accurately to determine the correct sequencing o events.
Solution BeneftsThe NYSE Arca Integrated Feed provides a seamless view o NYSE Arca equities data in one
market data delivery, while improving latency and adding additional content.
Improved Latency
The eed improves data delivery by
publishing directly rom the matchingengines to XDP (Exchange Data Publisher).
Sequence Transparency
Quotes and trades are published in
sequence as they occur on the NYSE Arca
UTP (Universal Trading Platorm).
Breadth of Market Data Content
Depth o Book and Last Sale data is
supplemented with Order Imbalances,
the PBBO, which updates as the view
o the markets update, and trading
sessions change message, which allowcustomers to remove all orders or a
trading session without being inundated
with delete messages.
Stock Summary Messages
Separate product channel that includes
summary messages sent every minute,regardless o a change to a particular value.
Summary messages include high, low,
open, close, and volume.
Protected Best Bid/Offer
The PBBO is only sent on a delta message
in the event the Bid or Ask price changes,
eliminating any erroneous messages sent.
Common Market Data Format (XDP)
XDP is a standard ormat across all NYSE
Euronext market data products, which
optimizes bandwidth and reduces latency omarket data delivery.
Fast FactsWhat is it?
NYSE Arca Integrated Feed is a low latency,
un-throttled market data product that
delivers a complete view o the NYSE Arca
equities market.
What is it for?
Traders and latency sensitive customers
requiring an in-sequence data eed o the
NYSE Arca market.
What does it provide?
The aggregated market data eed provides
a unifed view o events, including depth o
book (add, modiy, delete orders), trades(with corrections and cancel/errors), security
status, order imbalances, and the PBBO
(Protected Best Bid/Oer).
About NYSE Technologies
NYSE Technologies provides comprehensive
transaction, data, and inrastructure services
and managed solutions or buy-side,
sell-side, and exchange communities that
require next-generation perormance and
expertise or mission critical and value-
added client services.
Find Out More
+1 (212) 510-3600
http://nysetechnologies.nyx.com
Unifed, Un-Throttled
Access to NYSE
ArcaBook Data
