Street Response Laboratories said Monday it is launching a hosted version of its its ultra-low latency market data feed.
The feed will be used to server high-frequency trading in multiple asset classes for all
major markets in North America, Europe and Asia.
Providing the underlying technology to provide the feed will be Options IT, a London firm which provides technical infrastructure around the world as a service. The service will be operated on Options IT's PIPE platform, a combination of high-speed global networks, server hardware, data storage, external connectivity, software, procedures, and related expertise.
The service will be designed to feed directly into high-performance trading applications and will be optimized for trading conducted in the same co-location facilites as exchanges operate in. It's an example of how software, hardware and service providers are trying to wring delays out of the computing cloud.
"High frequency trading is increasingly being adopted by trading desks large and
small, and the appetite for new and better technologies is at an all-time high," said Srinivasan Ramiah, chief executive of Street Response Laboratories, New York. "Our new hosted offering provides high-frequency traders a one-stop solution for a fully managed, ultra-low latency market data offering.''
This, he said, should give customers an edge, by lowering their costs and "accelerating entry to market."
This article can also be found at SecuritiesIndustry.com.
Tom Steinert-Threlkeld is the editor-in-chief of Securities Technology Monitor.
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