AlgoSpan, a provider of high performance trading technology solutions, has merged its multicast single hop normalized and raw exchange data service AlgoData with its ultra-low latency trading connectivity platform AlgoNet. AlgoSpan has also selected a low latency market data solution of a financial institution. Through AlgoData, data is captured directly from the exchange and broadcasted to the client via protocol over AlgoSpan’s own ‘shortest path’ optical fiber infrastructure. AlgoData allows clients to co-locate and contract with AlgoSpan to take data from major equity and derivative markets either at the trading venue data centre or in any location that the client’s trading and market data engines are located.
Click here for the release from AlgoSpan.