Interactive Data To Launch Direct Exchange Feed Offering
From A-Team Group’s Market Data Insight, March 2007: Interactive Data Corp. is set to join Reuters and Thomson Financial in offering a direct exchange data capability designed to meet the increasingly low-latency requirements of client institutions’ algorithmic trading, order management and other applications. The company plans to launch its new DirectPlus hosted service at the end of April, with Phase I of the rollout proving access to direct feeds from five high-volume U.S. exchange and ECN sources.
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