Interactive Data Now Offers Real-Time Data from Canada’s Pure Trading
December 08 2008 - 9:00AM
Business Wire
Interactive Data Corporation (NYSE: IDC), a leading provider of
financial market data, analytics and related services, today
announced that its Real-Time Services business now offers real-time
last sale and quote data, along with depth-of-market data, for
securities traded on Canada�s Pure Trading. Pure Trading is a
facility of CNSX Markets Inc., a fully recognized stock exchange in
Canada that also operates the Canadian National Stock Exchange.
Pure Trading offers a competitive alternative auction market system
aimed at attracting high frequency traders interested in securities
listed on Canadian exchanges. Pure Trading data is delivered to
Interactive Data�s clients via PlusFeedSM, the Company�s
consolidated high-quality, low latency digital datafeed. PlusFeed
is designed to power algorithmic and electronic trading
applications. In addition, Pure Trading data will be available to
Interactive Data�s clients via eSignal, the flagship product of
Interactive Data�s desktop solutions business that provides
real-time, financial data and decision support tools to active
traders and professionals worldwide. �With an increasing number of
clients seeking to obtain real-time data on a variety of companies
in Canada, currently the world�s fourth largest trading market, we
have responded by offering low latency delivery of Pure Trading
data,� said Jay Kilberg, managing director, Interactive Data
Real-Time Services. �The availability of this data through PlusFeed
can enable our clients to access critical Canadian capital market
information.� �We are pleased that Interactive Data is providing
its clients with real-time market data from Pure Trading to assist
them with generating more comprehensive pricing information for
securities,� said Ian Bandeen, CEO and vice-chair of CNSX Markets
Inc. �The ability to obtain this information from Pure Trading will
continue to be important to market data providers as Pure Trading
continues to attract more and more high frequency traders to the
Canadian marketplace.� Interactive Data�s delivery of Pure Trading
data complements the comprehensive real-time data it provides from
some of the industry�s leading ECNs worldwide. Interactive Data
currently offers real-time last sale and quote data for all U.S.
securities from BATS Trading (BATS), operator of the third-largest
U.S. equity market. In addition, the Company delivers data from the
Turquoise multilateral trading facility, whose members include many
large banks and brokers active in European trading, as well as
specialist trading firms and institutions. 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 real-time market data,
time-sensitive pricing, evaluations and reference data for millions
of 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 2,300 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 Corporation is celebrating its 40th anniversary in 2008.
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 digital 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. PlusFeed is a service mark of
Interactive Data Real-Time Services. About Pure Trading Pure
Trading provides an effective and cost efficient alternative for
the trading of Canadian equity securities. It is the second major
initiative of CNSX Markets Inc., which launched the first new
Canadian stock exchange in over 70 years in 2003 (the Canadian
National Stock Exchange), and which continues to steadily add to
its complement of listed companies, participating dealers and
trading volumes. For more information please visit the websites at
www.puretrading.ca and www.cnsx.ca.
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