S R Labs, LLC, a global leader in trading and market data technology, today announced the launch of the SuperFeed Compressed Data Feed. The new offering is the latest innovation in the development of the SuperFeed product line designed to support direct feed based, electronic trading applications.
The new solution addresses client requirements including a full range of trading firms, the buy-side, and retail brokers, in allowing consumption of low latency data through lower bandwidth connectivity including cloud and internet solutions. The new compression technology also enables market participants, outside of the main data center hubs, to benefit from SuperFeed’s data quality through a bandwidth profile that works for them.
SR Labs have deployed Solace Message Router Appliances to deliver a market leading compression solution, which publishes data in the OpenMAMA format. The Solace appliances compress the data by over 80% with negligible latency impact, enabling clients to benefit from SuperFeed’s low latency, data quality and normalized delivery while using significantly less bandwidth.
Ian McIntyre, COO Europe of SR Labs, stated “SuperFeed was designed initially to target the low latency requirements of electronic trading, and we have seen much of our success driven by customers in this area, through expansion into emerging markets or by using SuperFeed to offset costs in place of a direct feed handler solution.” Ian added, “The compressed feed enables customers using lower bandwidth connectivity, to use SuperFeed as an alternative consolidated feed, without compromising on reliability and data quality.”
Denis King, SVP of Global Field Operations and Strategic Alliances at Solace Systems, said “Capital markets participants are demanding more flexibility and freedom in how they consume market data and distribute it across their businesses.” He continued, “We look forward to working with SR Labs to help their customers achieve fast, efficient market data distribution over any kind of connectivity solution.”