Deutsche Börse Market Data & Analytics has made its AlphaFlash algorithmic news feed available in the CME co-location facility in Chicago’s suburbs. The feed alerts automated traders to corporate news, global treasury auction results and market moving events about macroeconomic indicators quickly and is delivered via the German exchange’s subsidiary ‘Need to Know News’.
This is the second data centre in the Chicago area trading hub that offers clients direct access to AlphaFlash, with the other facility provided by Equinix’s Chicago 2 (CH2) International Business Exchange (IBX) data centre. Two more access points for the algorithmic news feed are already located in the US in Secaucus (New Jersey) and Washington D.C. By co-locating near to major exchanges the latency performance is improved.
AlphaFlash provides automated traders with machine-readable trading signals for direct and easy integration into their algorithms. “Chicago is one of the most important algo trading communities in the world,” said Georg Gross, head of front office data and analytics, Deutsche Börse. “By adding this new connectivity option, we are enabling our clients to trade even more efficiently on the local derivatives market using AlphaFlash messages.”