The delivery of full-tick, low-latency OPRA market data via its new, network-optimized hosting facility in Nutley, New Jersey marks a milestone in Thomson Reuters strategy to deliver direct connect, high-performance data to customers with full support for application-critical Reuters symbology and API capabilities.
Several significant technical capabilities distinguish this offering including direct exchange delivery via Radianz Ultra Access, a high speed service that delivers OPRA data to the RHS data center in sub millisecond timeframes, with 100% availability. The Radianz Ultra Access infrastructure is built on a high speed, fully resilient, self-healing, fiber Ethernet over wave-length architecture that provides ultra low latency connectivity.
Other key technical features of the Thomson Reuters OPRA offering include:
â¢ Minimal infrastructure deployment to customer site, all hardware and platform components fully managed by Thomson Reuters at the Hosting Center
â¢ Support for separate NBBO and Regional quote streams, allowing customers to reduce infrastructure requirements by subscribing to only the required content
â¢ Support for co-location of customer applications for direct cross-connection to full-tick OPRA data
â¢ Consumption-based commercials, giving customers control over market data costs
â¢ Full support for Reuters APIs and symbology, dramatically simplifying application integration
Bill Ruvo, Global Business Manager of Real-time Feeds at Thomson Reuters, commented: âAlgorithmic and programmatic trading systems require access to full-tick, low-latency OPRA data through a scalable service that can handle not only todayâs 3 billion-plus messages per day, but also tomorrowâs projected growth rates. Thomson Reuters aims to meet this market need by providing this solution with minimum impact on customer infrastructure.â