The Titan Data Network-Multicast is designed to handle up to three million messages per second - an increase of more than three times the amount of current volumes - and to save additional milliseconds to help improve latency. This infrastructure supports the delivery of PlusFeedSM, Interactive Dataâs consolidated low latency digital data feed.
Interactive Data has observed that market data volumes have increased at least 90 percent annually for five of the last six years. In April 2008 the Options Price Reporting Authority (OPRA) predicted that firms taking in the OPRA feed directly would experience bandwidth requirement increases of 50 percent in excess of its original volume projections made in July 2007. Also, recent OPRA forecasts revealed that these volumes could increase by an additional 30 percent between July 2008 and January of 2009. NYSE Euronext, NASDAQ OMX and MiFID have also been significant contributors to growing market data volumes. The Titan Data Network-Multicast is engineered to accommodate full OPRA and depth of market data.
âInteractive Dataâs flexible technology infrastructure can enable us to respond rapidly to significant growth rate projections in data volumes that have been issued by several key exchanges,â said Jay Kilberg, managing director, Interactive Data Real-Time Services. âExponentially growing market data volumes, coupled with an essential need for improved latency, continue to be important issues for our clients. Launching this new generation of the Titan Data Network that employs the IP Multicast protocol allows us to help clients address these issues now and in the future.â
In addition to rolling out the Titan Data Network-Multicast, Interactive Data conducts ongoing capacity planning reviews of its real-time technology infrastructure, including its state-of-the-art ticker plant, data processors and routers, to help support increased transaction rates and delivery of a vast universe of data with low latency through PlusFeed.