SOURCE: Interactive Data Corporation

February 27, 2012 09:00 ET

Interactive Data 7ticks Further Expands Global Connectivity Capabilities

Rapid Business Growth Enables Electronic Traders in Key Financial Markets Worldwide to Access Wide Range of Ultra-Low Latency Services

CHICAGO, IL--(Marketwire - Feb 27, 2012) - Interactive Data Corporation, a leading provider of financial market data, analytics and related solutions, today announced that it has significantly expanded the global connectivity of its Interactive Data 7ticks® network to support the delivery of managed low and ultra-low latency market data feed services designed for advanced trading applications.

The Interactive Data 7ticks business has added direct connectivity to the London Stock Exchange (LSE), Turquoise, Italian Derivatives Exchange Market (IDEM), Bolsas y Mercados Españoles (BME), London Metal Exchange (LME), BATS Europe, Chi-X Europe, Quote MTF, SIX Swiss Exchange, Johannesburg Stock Exchange (JSE), and Oslo Stock Exchange (OSE). These exchanges complement its existing connectivity to a comprehensive set of North American equities, futures, options and FX markets. As a result of the expansion, Interactive Data now offers clients direct access to more than 50 markets worldwide.

The 7ticks network also cross connects to financial markets in the Asia-Pacific region via data center connections in London and Chicago. Leading financial institutions in Japan are also now accessing the network.

"Traders around the world continue to seek faster execution times, while also maintaining the need for greater control over their low latency electronic trading strategies and connectivity," said Emmanuel Doe, president, Trading Solutions Group at Interactive Data. "Interactive Data has become the service provider of choice for major financial firms that seek ultra-low latency access to global exchanges. We continue to expand our coverage and the availability of our 7ticks network to the electronic marketplace on a global level."

Direct or cross-connect access to a wide range of global exchanges is also available through Interactive Data's significantly expanded Points of Presence (POPs) with leading global providers of data centers and technology services, including Equinix, Inc. (NASDAQ: EQIX), Interxion, Telex and KVH.

The expansion of the 7ticks network also provides clients with additional access locations to global data sources. This access is available via Interactive Data's consolidated feed, PlusFeed(SM), at each hosting center. PlusFeed provides comprehensive coverage of global securities from more than 450 sources worldwide, covering more than 130 exchanges and including multi-asset class instrument coverage, and extensive or full-tick Level 2 data.

Interactive Data has established its market position by aligning with its clients' internal resources to provide support and services designed to enable traders worldwide to achieve faster execution times, while reducing both complexity and total cost of ownership.

Clients can leverage the 7ticks network to gain direct market access (DMA), advanced co-location and proximity hosting to global direct exchange data, consolidated data as well as reference and corporate actions data. Direct connectivity is available to a wide range of global futures and options, equities and FX exchanges and trading venues for multi-asset class and ultra-low latency trading.

About Interactive Data Corporation

Interactive Data Corporation is a trusted leader in financial information. Thousands of financial institutions and active traders, as well as hundreds of software and service providers, subscribe to our fixed income evaluations, reference data, real-time market data, trading infrastructure services, fixed income analytics, desktop solutions and web-based solutions. Interactive Data's offerings support clients around the world with mission-critical functions, including portfolio valuation, regulatory compliance, risk management, electronic trading and wealth management. Interactive Data is headquartered in Bedford, Massachusetts and has over 2,500 employees in offices worldwide.

Interactive Data 7ticks is a business of Interactive Data Real-Time Services.

Contact Information

  • For More Information:

    Brian Willinsky
    (North American media)
    Tel: +1 781-687-8291
    Email: Email Contact

    Geoff Whitehouse
    (Europe and Asia-Pacific media)
    Tel: +44 (0)20 7825 8012
    Email: Email Contact