TelxÂ®, a leading interconnection and colocation provider in strategic North American markets, today announced that SpryWare, a premier provider of ultra-low latency feed handlers and direct market data technology, has joined its Financial Business Exchange (FBX), a facility-based infrastructure platform that provides the capital markets community with unmatched proximity, latency and choice. As part of the Telx FBX community, SpryWare can offer financial markets customers secure, low latency access to its Market Information Serverâ¢, a fully-managed ticker plant solution designed for direct market connectivity for processing high-frequency data.
âBy participating in the Telx FBX in New York and Chicago, SpryWare can offer trading firms a competitive advantage through low latency network connectivity to our direct market access (DMA) appliance, MIS,â said Dan Curry, director of Sales at SpryWare. âTelxâs extensive financial markets customer base, combined with our innovative ticker plant technology, serves the latency-sensitive trading community, helping them move each market data event, such as quotes and trades, through the system as fast and reliably as possible.â
âSpryWareâs MIS appliance gives our FBX customers a secure, efficient way to access the vital market exchange information they need to do business,â said Michael Cattell, VP of Financial Markets for Telx. âWe are pleased that SpryWare finds value in our growing financial markets ecosystem in our recently expanded New York and Chicago facilities.â