These hedge funds have selected Interactive Data's PlusFeedSM as a source of high quality, low latency data for their algorithmic and electronic trading applications. With PlusFeed, customers can have access to a broad range of low latency data from over 450 sources and exchanges worldwide, covering in excess of 3.4 million securities.
At the core of Interactive Data's real-time offerings is its high performance ticker plant, which has been engineered to manage massive increases in data volume while maintaining low latency data delivery. Interactive Data has also focused on adding extensive Level II data from around the world and enhancing its application programming interface (API) that is designed to allow hedge funds to quickly integrate its data into their applications.
In addition to low latency data from PlusFeed, Interactive Data can provide customers with access to a variety of additional datasets, including tick history, global news, reference data, corporate actions, fundamental data, calculated indicators and OTC market data. These offerings can provide hedge funds with supplemental data as they develop and analyse their trading strategies and work to maintain compliance with "best trade execution" and other government mandates.
"Hedge funds are looking to work with organisations that can deliver a vast universe of high quality, low latency data in a flexible format that is designed for easy integration into their trading applications," said Mark Hepsworth, president of Interactive Data Real-Time Services. "With PlusFeed, Interactive Data is an organisation that can provide these offerings while fully managing the data collection and delivery process, which can help customers to reduce 'total cost of ownership' for their market data services. We are also well prepared to meet the ever expanding needs of our customers, as our high performance ticker plant has been designed to handle the explosive increases in data volume and deliver a wide range of data, including Level II, options and futures data."