NYSE Technologies SuperFeed Product Sheet
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SERVICE DESCRIPTION SuperFeed™ www.nyx.com ©2010 NYSE Euronext All Rights Reserved The fastest, most cost-effective delivery of global market data FAST FACTS What is it? SuperFeed is NYSE Technologies’ fully managed, hosted, market data feed service offering global coverage and delivered with the lowest latency, to reduce total cost of ownership (TCO). Who is it for? Traders and investors requiring global market data coverage, scaling from the needs of individual trading desks and algorithmic applications, up to enterprise-wide requirements. What does it provide? The fastest delivery of market data from global execution venues, without the cost and complexity of managing in-house ticker plants and performing data feed maintenance. It enables clients to access high performance data cost effectively and quickly. Market infrastructure is evolving at a pace that even the most technology-savvy financial institutions find challenging. New execution venues are popping up everywhere fragmenting liquidity and creating cross-dependencies between primary and derivative marketplaces. The move to fast markets and trading automation is cutting response times and increasing data volumes. SuperFeed TM is a fully managed and hosted ticker plant, leveraging NYSE Technologies’ best-of-breed solutions, including Data Fabric TM , its excellence in data feed handler development and its investment in state-of-the-art data centres. Customer Challenges Customers benefit from NYSE Technologies’ continual investment and R&D in high performance technologies, while enjoying the economics of a fully hosted and managed service. Latency Microseconds are the difference between winning and losing in the global financial markets, and access to the lowest latency data is imperative and not just for high frequency traders anymore. This requires continual monitoring of direct feeds from trading venues, and constant maintenance of the network and data processing elements of trading systems. Cost of Infrastructure Maintenance Continued monitoring and maintenance requires significant investment in IT infrastructure and people. Equipment upgrades to cope with the continued explosion in market data volumes adds considerably to expense, while ongoing database and software updates to cope with symbology and data feed specification changes is a money pit, simply to maintain the status quo in latency profile. Access to New Venues Market participants are continually seeking access to new trading venues, in some cases as they expand into new asset classes, but also to execute complex strategies and to take advantage of arbitrage opportunities. But the costs of supporting new feeds – including connectivity, software development and integration, and testing – are considerable and the endeavour is time consuming, often meaning short-term market advantage cannot be leveraged. Solution Benefits SuperFeed provides broad access to both consolidated and direct market data from major U.S., European and Asian markets in a single normalised format. Simplicity Consolidated data feed simplicity with low direct feed latency. Delivered as a service with 24/7 monitoring and support, with inherent savings in TCO. Reliability Global market coverage delivered via a single connection into NYSE Euronext’s Secure Financial Transaction Infrastructure ® (SFTI ® ) network, including the option of colocation at NYSE Euronext’s state-of-the-art data centres. Scalability Fully normalised data formats across all coverage, allowing for simplicity of integration of new content. Managed data feed maintenance for seamless support of symbology changes and data feed format updates. Straightforward integration with trading applications and legacy messaging platforms is also possible through the Middleware Agnostic Messaging API TM (MAMA TM ). Flexibility Flexible data coverage subsets, customised to individual customer requirements, for both ease of integration and cost-effectiveness. Adaptability Includes SuperBook TM , providing a view of aggregated equities coverage across markets, allowing customers to construct and display their own customised order books. Lowest Latency Delivers the lowest latency by leveraging the highest performance IT and networking infrastructure, which is continually upgraded and optimised, and by utilising Data Fabric TM middleware and feed handler expertise.
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Transcript of NYSE Technologies SuperFeed Product Sheet
SERVICE DESCRIPTION
SuperFeed™
www.nyx.com©2010 NYSE Euronext
All Rights Reserved
The fastest, most cost-effective delivery of global market data
FAST FACTSWhat is it?
SuperFeed is NYSE Technologies’ fully managed, hosted, market data feed service offering global coverage and delivered with the lowest latency, to reduce total cost of ownership (TCO).
Who is it for?
Traders and investors requiring global market data coverage, scaling from the needs of individual trading desks and algorithmic applications, up to enterprise-wide requirements.
What does it provide?
The fastest delivery of market data from global execution venues, without the cost and complexity of managing in-house ticker plants and performing data feed maintenance. It enables clients to access high performance data cost effectively and quickly.
Market infrastructure is evolving at a pace that even the most technology-savvy fi nancial institutions fi nd challenging. New execution venues are popping up everywhere fragmenting liquidity and creating cross-dependencies between primary and derivative marketplaces. The move to fast markets and trading automation is cutting response times and increasing data volumes.
SuperFeedTM is a fully managed and hosted ticker plant, leveraging NYSE Technologies’ best-of-breed solutions, including Data FabricTM, its excellence in data feed handler development and its investment in state-of-the-art data centres.
Customer ChallengesCustomers benefi t from NYSE Technologies’ continual investment and R&D in high performance technologies, while enjoying the economics of a fully hosted and managed service.
Latency
Microseconds are the difference between winning and losing in the global fi nancial markets, and access to the lowest latency data is imperative and not just for high frequency traders anymore. This requires continual monitoring of direct feeds from trading venues, and constant maintenance of the network and data processing elements of trading systems.
Cost of Infrastructure Maintenance
Continued monitoring and maintenance requires signifi cant investment in IT infrastructure and people. Equipment upgrades to cope with the continued explosion in market data volumes adds considerably to expense, while ongoing database and software updates to cope with symbology and data feed specifi cation changes is a money pit, simply to maintain the status quo in latency profi le.
Access to New Venues
Market participants are continually seeking access to new trading venues, in some cases as they expand into new asset classes, but also to execute complex strategies and to take advantage of arbitrage opportunities. But the costs of supporting new feeds – including connectivity, software development and integration, and testing – are considerable and the endeavour is time consuming, often meaning short-term market advantage cannot be leveraged.
Solution Benefi tsSuperFeed provides broad access to both consolidated and direct market data from major U.S., European and Asian markets in a single normalised format.
Simplicity
Consolidated data feed simplicity with low direct feed latency. Delivered as a service with 24/7 monitoring and support, with inherent savings in TCO.
Reliability
Global market coverage delivered via a single connection into NYSE Euronext’s Secure Financial Transaction Infrastructure® (SFTI®) network, including the option of colocation at NYSE Euronext’s state-of-the-art data centres.
Scalability
Fully normalised data formats across all coverage, allowing for simplicity of integration of new content. Managed data feed maintenance for seamless support of symbology changes and data feed format updates. Straightforward integration with trading applications and legacy messaging platforms is also possible through the Middleware Agnostic Messaging APITM (MAMATM).
Flexibility
Flexible data coverage subsets, customised to individual customer requirements, for both ease of integration and cost-effectiveness.
Adaptability
Includes SuperBookTM, providing a view of aggregated equities coverage across markets, allowing customers to construct and display their own customised order books.
Lowest Latency
Delivers the lowest latency by leveraging the highest performance IT and networking infrastructure, which is continually upgraded and optimised, and by utilising Data FabricTM middleware and feed handler expertise.
SERVICE DESCRIPTION
SuperFeed™
Copyright 2010 NYSE Technologies Inc. All rights reserved. All third party trademarks are owned by their respective owners. This announcement may contain forward-looking statements regarding NYSE Euronext and its affiliates. Such statements are based upon the current beliefs and expectations of management and are subject to significant risks and uncertainties. Actual results may differ from those set forth in the forward-looking statements
Low-Latency Global Market Data – we manage the data, you do the tradingSuperFeed greatly simplifies the delivery of market data from global venues, reducing latency and pushing down costs, when compared to traditional software and hardware-based approaches. SuperFeed is available via NYSE Technologies’ SFTI® network, which provides access to global execution venues, liquidity pools, market data, clearing applications and other financial industry participants. Allied to NYSE Technologies’ Data FabricTM, a high performance middleware offering, the SFTI® network delivers industry-leading levels of latency performance.
Further SuperFeed can be leveraged with existing NYSE Technology enterprise software to create hybrid solutions - including in-house feed handlers, market data recontributions, tick capture, and by bridging legacy market data platforms.
SuperFeed meets multiple user profiles
Market CoverageSuperFeed covers a broad and expanding range of markets, including last trade, top of book and full depth information from over 30 markets, including all NYSE Euronext markets (NYSE, NYSE Arca, NYSE Amex, NYSE Euronext, NYSE Liffe), NASDAQ, Direct Edge, OPRA, CTS, CQS, CME, LSE, Deutsche Börse, Chi-X Europe and others. For the latest list of markets covered, please visit www.nyxdata.com/superfeed.
TR/L6186/100708/300
SuperFeed Features• Features SuperBookTM virtual order
book aggregation – Trades and BBO planned for 2010
• Platform for seamless future product and market deployment based on client demand
• Broad market coverage – U.S., Europe and Asia
• Fully managed with industry-leading levels of service, availability and monitoring and support
• Vendor of Record services available where Exchange policy allows.
About NYSE Technologies
NYSE Technologies provides comprehensive transaction, data and infrastructure services and managed solutions for buy-side, sell-side and exchange communities that require next-generation performance and expertise for mission critical and value-added client services.
Find Out MoreEmail: [email protected] Visit www.nyse.com/technologies
