Data Points from NYSE Technologies, Thomson Reuters
Purposely focusing on just a couple of low-latency factoids from recent results ... at NYSE Technologies, revenue was up 14% in the second quarter, to $122 million, driven by “an increase in infrastructure revenue, principally SFTI and data centre fees.” So networks and co-lo are doing pretty good, given the general financial marketplace.
And at Thomson Reuters Markets, the Enterprise division saw its second quarter revenue increase 10% to $312 million, with low-latency data feeds and hosting up 9%. A total of 12 Elektron hosting centres are operational. Again, not a bad performance, especially compared to results from the rest of the company's financial markets business, which caused heads to roll.
About the Author
Pete Harris is Editor and Publisher of Low-Latency.com. He is also President, Americas and Editor-at-Large at A-Team Group, a publishing, research and events company focused on the deployment of information technologies in the global financial markets. Low-Latency.com is a service of A-Team.
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Comments
The white paper A-Team wrote with NYSE Technologies on Demystifying Co-Location (downloadable from low-latency.com) is a good read on how they're approaching hosted services. Their offering may give Thomson Reuters' Elektron a run for its money. While Elektron seems to be doing well, it seems to have been a cause for concern at Thomson Corporate, contributing in part to the latest shake-up.