Partnering with CFN Services and leveraging the Alpha Platform™ for ultra-low-latency, direct-exchange-access is another step in delivering on that commitment.
Herndon, VA (PRWEB) June 14, 2011
CFN Services, a leading provider of managed high-frequency trading enablement services, and SIX Telekurs USA, the American subsidiary of the Swiss-based leading financial information vendor, announced today that they are deploying ultra-low-latency, direct-exchange-access market data on the Alpha Platform.
SIX Telekurs USA adds direct-exchange-access market data to its existing portfolio of market and reference data solutions, including the real-time MDFstream consolidated feed, calculated and evaluated pricing, and historical reference and tick data. Delivery options include access to raw market data in native format, as well as high-performance normalized direct exchange feeds. Leveraging the reach of the Alpha Platform™ to liquidity venues worldwide and embedded low latency ticker-plant solutions, the feeds will be available locally or at remote venues in native formats, or in the MDFstream format normalized for a single exchange feed or multiple feeds within an asset class.
“As we continue our rapid growth in the Americas, our customers are increasingly looking to SIX Telekurs for innovative solutions around market and reference data to keep them competitive in today's rapidly evolving financial markets,” said Barry Raskin, Managing Director of SIX Telekurs USA. “Partnering with CFN Services and leveraging the Alpha Platform™ for ultra-low-latency, direct-exchange-access is another step in delivering on that commitment.”
The infrastructure that forms the foundation of the Alpha Platform™ provides ultra-low-latency market data delivery and trade execution for some of the world’s most sophisticated high-frequency trading firms. Trading application and market data vendors can now leverage this same infrastructure to jumpstart low-latency global delivery of their solutions, while trading firms can rapidly deploy these solutions in a high performance environment to capture more Alpha and increased trading profits.
“The capabilities of the Alpha Platform™ and the ability to customize delivery of ultra-low-latency market-data feeds across an extensive network of liquidity venues makes our solution a powerful tool for market data providers,” said Mark Casey, President and CEO of CFN Services. “We’re pleased to bring the capabilities of this platform to a broader segment of the trading market with SIX Telekurs, a global leader in market and reference data.”
About SIX Telekurs
As a leader in its field, SIX Telekurs specializes in procuring, processing and distributing international financial information. Financial market specialists at SIX Telekurs gather information from all the world’s major trading venues – directly and in real-time. The SIX Telekurs database with its structured and encoded securities administration data for nearly 7 million financial instruments is unique in terms of its depth of information and data coverage. With offices in 23 countries, SIX Telekurs combines the advantages of global presence and local know-how. SIX Telekurs is a SIX Group company. On a global scale, SIX Group offers first- rate services in the areas of securities trading, clearing and settlement, as well as financial market information and payment transactions. Further information is available at: http://www.six-telekurs.com.
About CFN Services in the Global Financial Markets
CFN Services is a leading provider of managed high-frequency trading enablement services, providing solutions that accelerate market data delivery and trade execution for some of the most sophisticated financial markets participants worldwide. CFN Services operates the low-latency Alpha Platform™, a high performance global cloud that accelerates trading performance for automated traders across key liquidity venues in the equities, options, futures, derivatives, and FX markets.
About CFN Services
CFN Services provides high performance network and application delivery solutions for real-time, mission critical applications. Leveraging FiberSource®, a global network optimization platform, CFN Services builds low-latency private cloud solutions to solve the performance challenges of latency and jitter in distributed IT environments. Whether the application and data are dispersed across town or around the globe, CFN Services deploys turnkey solutions within and between public and private data centers in North and South America, Europe, and Asia. For more information: http://www.cfnservices.com