TradingScreen, cutting-edge provider of multi-broker, multi-product trading platforms announces the integration of DirectPlusSM, the fully managed ultra-low latency direct exchange data service from Interactive Data Corporation�s (NYSE: IDC) Real-Time Services business. DirectPlus is designed to provide access to sub-one millisecond data from a range of sources, such as NYSE Openbook (including �Best Quotes�), Nasdaq Level 1 and SingleBook, ArcaBook and Direct Edge ECN. By offering access to this ultra-low latency data directly within their platform, TradingScreen can help enable customers to more efficiently develop and execute their algorithmic trading strategies. �By integrating DirectPlus into TradingScreen�s trading platform, we can provide a broad set of ultra-low latency data that is designed to support customers� algorithmic trading initiatives,� said Mark Hepsworth, president of Interactive Data Real-Time Services. �We are delighted that TradingScreen has selected DirectPlus, and believe that it will provide their clients with the benefits of ultra-low latency data, while minimizing the technology and cost burdens traditionally associated with direct-to-exchange datafeeds.� Hepsworth continued, �Our relationship with TradingScreen can also help Interactive Data extend its reach among institutions such as hedge funds, a market that we have been gaining momentum in over the past few years. With the combination of DirectPlus and PlusFeed, Interactive Data�s low latency global consolidated datafeed, we can offer a broad range of institutions and technology providers with the data that they need to help them create market winning applications.� �The Buy side traders needs are rapidly evolving from traditional discretionary trades to a more �in control� approach to trading through the use of Direct Market Access and Algorithm trading, to achieve better, more effective execution. To succeed in this new environment Buy side traders need better, faster, more accurate market data. The integration with Interactive Data�s DirectPlus ultra-low latency direct exchange data service is one of the numerous steps that TradingScreen is taking to provide the Buy side with some of the best tools in the business. This new concept is designed to allow for rapid deployment of low latency market data for our clients following on our tradition of simplifying global markets,� says Philippe Buhannic, President and CEO of TradingScreen. TradingScreen�s flagship product, TradeSmart, is a customizable front-end GUI (Graphical User Interface) that enables buy-side clients to trade a broad portfolio of financial instruments, around the clock, on any market and with a wide range of counterparties. TradeSmart is unique in its ability to aggregate multiple-dealers and multiple products onto a single screen format for electronic order routing. Its ASP (Application Service Provider) model is designed to enable very rapid deployment and activation of users into live trading and incorporates comprehensive and intuitive access to the proprietary algorithmic trading strategies offered by many of the leading global brokers. TradeSmart also makes available a number of the modules that support other order management activities such as Allocations and Position and P&L tracking. Interactive Data�s DirectPlus is a fully-managed ultra-low latency direct exchange data service that utilizes sophisticated tools that are designed to optimize data delivery, monitor bandwidth latency and centrally implement data format and protocol changes, which can help TradingScreen to minimize the costs and mitigate the technology complexity that can be associated with direct-to-exchange feeds. TradingScreen will co-locate their EMS platform alongside DirectPlus at the New York metropolitan data center of BT Radianz, a leading global provider of financial services connectivity. Capturing data at the delivery point is designed to help TradingScreen ensure ultra-low latency data delivery to customers. For more information on TradingScreen, or to request a demo, please contact TradingScreen at: US NY Sales: +1 212 349-4100 US Chicago Sales +1 312 447-0100 European Sales: +44 (0) 207 149 3102 Japan Sales: +81 (0) 3 4540-8500 Hong Kong Sales +85 2251 2240 Or email us at sales@tradingscreen.com ABOUT TRADINGSCREEN TradingScreen Inc. is accelerating the technical evolution of the financial markets by providing a fully integrated, customer-oriented trading service platform to institutional investors. The proprietary TradingScreen platform links institutional investors and sell side firms together to facilitate order routing, execution management, clearing, and additional value added services, such as real straight through processing and prime brokerage enabling across all asset classes. TradingScreen provides global coverage from offices in New York, Chicago, London, Paris, Hong Kong and Tokyo. About Interactive Data Corporation Interactive Data Corporation (NYSE: IDC) is a leading global provider of financial market data, analytics and related services to financial institutions, active traders and individual investors. The Company�s businesses supply time-sensitive pricing, evaluations, dividend, corporate action and reference data for more than 3.5 million securities traded around the world, including hard-to-value instruments. Many of the world's best-known financial service and software companies subscribe to the Company's services in support of their trading, analysis, portfolio management and valuation activities. Through its businesses, Interactive Data Pricing and Reference Data, Interactive Data Real-Time Services, Interactive Data Fixed Income Analytics, and eSignal, the Company has approximately 2,200 employees in offices located throughout North America, Europe, Asia and Australia. The Company is headquartered in Bedford, Mass. Pearson plc (NYSE: PSO; LSE: PSON), an international media company, whose businesses include the Financial Times Group, Pearson Education, and the Penguin Group, owns approximately 62 percent of the outstanding common stock of Interactive Data Corporation. Interactive Data Real-Time Services is a leading provider of real-time global market data to financial institutions, redistributors and online financial portals worldwide. Offerings from Interactive Data Real-Time Services include PlusFeed, a consolidated, low latency datafeed. Also managed as part of this business is Interactive Data Managed Solutions, a leading provider and operator of customized financial market information systems. For more information about Interactive Data Corporation and its businesses, please visit www.interactivedata.com. Interactive DataSM and the Interactive Data logo are service marks of Interactive Data Corporation.
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