Interactive Data's New European Ticker Plant Goes Live
January 29 2008 - 4:30AM
Business Wire
Interactive Data Corporation (NYSE: IDC), a leading provider of
financial market data, analytics and related services, today
announced that the new European ticker plant for its Real-Time
Services business has gone live. The new ticker plant provides
latency gains of at least 80 milliseconds, significantly reducing
delivery times for European consumers of European real-time data
distributed by PlusFeedSM, Interactive Data�s low latency,
consolidated global datafeed. All European customers receiving
PlusFeed will benefit from this enhancement. Interactive Data is
also announcing the availability of a low latency co-location
facility. Customers in Europe will have the option of co-locating
their applications in data centres close to the new London-based
ticker plant to take advantage of the low latency delivery of
European data. Roger Sargeant, managing director, Interactive Data
(Europe) Ltd, said: �Our decision to build a new European data
centre for PlusFeed was driven by the continually growing need for
lower latency data, combined with the higher data volumes that we
expected under MiFID and other regulations. We anticipate that we
will be able to deliver European data to London-based customers at
latency rates of around 60 milliseconds.� Interactive Data is
adopting a phased rollout schedule for adding data sources. Phase 1
adds real-time data services from sources including Borsa Italiana,
Deutsche B�rse, Eurex, Irish Stock Exchange, OMX Nordic Exchange,
and Euronext. Subsequent phases during the first two quarters of
2008 will add the remainder of the European markets covered by
PlusFeed, as well as Middle Eastern venues. PlusFeed, Interactive
Data�s high quality datafeed, is a trusted source of low latency
data for algorithmic and electronic trading applications. With
PlusFeed, customers can access a broad range of low latency data
from over 450 sources and exchanges worldwide, covering in excess
of 3.4 million securities. 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
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, is Interactive Data Corporation's
majority stockholder. 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 customised 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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