Fixnetix launches new sub-millisecond data feed connectivity to Turquoise

12 August 2008

Fixnetix, a leading provider of ultra-low latency market data, has announced sub-millisecond data feed connectivity to Turquoise, the multi-lateral trading facility established by nine leading European investment banks to deliver market data and trading connectivity. Fixnetix is one of the first organisations to launch a specialist Turquoise data feed, ensuring that customers are ready to take full advantage of the sophisticated Turquoise trading system when it launches fully in early September.

Fixnetix's market data feeds deliver fast, resilient end-to-end performance without buffering or loss of data. The new direct market data feed to Turquoise takes advantage of Fixnetix's feed handler technology to provide customers with the Turquoise data, avoiding compression algorithms and providing the full order book.

"Turquoise encourages vendor network connectivity to our platform, so it's essential that financial institutions are able to access our data as quickly as possible," commented Eli Lederman, Chief Executive of Turquoise. "It is key that low-latency data providers such as Fixnetix are working with us, and we are delighted that they have written a high performance data feed for our pan-European, open equity trading platform."

"At Fixnetix we're committed to the success of Turquoise, and believe its combination of dark and visible liquidity pools will be important in helping the market to trade more efficiently at improved prices," added Hugh Hughes, Fixnetix's Chief Executive Officer. "With our ultra low latency data feed to Turquoise we can provide firms with high speed access to Turquoise while our proven reliability ensures zero data loss, providing our customers with the re-assurance of sub-millisecond performance."

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