SOURCE: Interactive Data Corporation
BEDFORD, MA--(Marketwire - Aug 7, 2012) - Interactive Data Corporation, a leading global provider of managed ultra-low latency infrastructure and market data services designed to facilitate electronic trading, today announced the expansion of the Interactive Data 7ticks® network to include a point-of-presence (POP) at a Q9 data center in the Toronto area.
With the growth of the financial industry in Canada and the ongoing introduction of new exchanges and alternative trading systems, financial firms are increasingly seeking services that enable greater connectivity, facilitate faster execution times and support their trading strategies. Interactive Data has expanded its connectivity within the Canadian marketplace to meet strong demand from its clients for access to these services.
Clients in Canada have direct market access to more than 50 global markets via the Interactive Data 7ticks network The addition of the Q9 data center POP means that clients can now obtain market data from additional Canadian exchanges and alternative trading systems in the region, and set up order routing capabilities at this location. The Interactive Data 7ticks network also offers connectivity to the Toronto Stock Exchange (via its existing POP in Markham, Ontario).
The Interactive Data 7ticks network provides direct connectivity 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.
"Our increased presence via the Q9 data center POP in Toronto enables financial institutions to obtain ultra-low latency global access and support while reducing total cost of ownership -- all through a single service provider," said Emmanuel Doe, president, Trading Solutions Group for Interactive Data. "As the worldwide financial marketplace grows, we continue to expand our offerings globally for firms engaged in electronic trading."
Clients utilizing the Interactive Data 7ticks network also have access to PlusFeed, Interactive Data's low-latency, consolidated global data feed. PlusFeed delivers low-latency data from more than 450 sources worldwide, covering more than 140 exchanges and including multi-asset class instrument coverage and extensive Level 2 data. The feed is used by financial institutions globally to power algorithmic and electronic trading applications, and is now supported by ticker plants located throughout North America, Europe and Asia.
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 has over 2,500 employees in offices worldwide.
Interactive Data 7ticks is a business of Interactive Data Real-Time Services.