Interactive Data Provides Global Market Data to Winterflood
October 20 2009 - 4:30AM
Business Wire
Interactive Data Corporation (NYSE: IDC), a leading provider of
financial information, analytics and related solutions, today
announced that Winterflood Securities Ltd, one of the UK's leading
electronic market making firms, has selected Interactive Data’s
low-latency, consolidated datafeed, PlusFeedSM, for use by its
traders. The market data will be fed directly into Winterflood’s
proprietary trading and database systems for use by its front,
middle and back-office functions.
Interactive Data’s PlusFeed delivers low-latency data on over
six million securities from more than 450 sources around the world,
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. Winterflood
will populate its trading and database systems with Interactive
Data’s real-time global exchange data, covering a wide range of
asset classes, as well as global over-the-counter prices
contributed by over 150 leading market players in the foreign
exchange, precious metals, money and fixed income markets.
“Following a comprehensive review, we decided that Interactive
Data was the provider most aligned with our market data needs,”
said Philip Yarrow, director of Electronic Trading at Winterflood.
“Interactive Data offered us the breadth and depth of coverage,
ease of integration and low-latency delivery that we needed to help
us further increase performance and handle the continuous growth of
data consumption in a cost-effective way.”
“We are delighted that Winterflood has chosen Interactive Data
to supply global market data to its traders,” said Hilary London,
general manager, EMEA at Interactive Data’s Real-Time Services
business. “With its depth of coverage, as well as its low latency
and flexibility of delivery, PlusFeed is a compelling solution for
companies that need a high-quality datafeed for business-critical
processes and trading operations.”
About Interactive Data Corporation
Interactive Data Corporation (NYSE: IDC) is a leading global
provider of financial market data, analytics and related solutions
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. Interactive Data, headquartered in Bedford, Mass., has
approximately 2,400 employees in offices located throughout North
America, Europe, Asia and Australia. 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’s Real-Time Services business is a leading
provider of real-time global market data to financial institutions,
redistributors and online financial portals worldwide. Offerings
from Interactive Data include PlusFeedSM, a consolidated,
low-latency datafeed. Also managed as part of this group is
Interactive Data’s Managed Solutions business, 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. PlusFeedSM is a service mark
of Interactive Data Real-Time Services.
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