Low-latency market data and ticker plant provider Activ Financial has enhanced its coverage of Asian markets and expanded its foreign exchange content with feeds from additional FX trading platforms as the vendor continues to grow its data universe in response to client demand.
The vendor last month added real-time data from the Taiwan Stock Exchange to its ActivFeed consolidated feed, and has released an upgraded feed handler to process data from the Singapore Exchange, following the launch of the exchange’s new SGX Reach trading platform.
“Regional players in Asia want access to more of the exchanges in the region, and they’re always asking for more streaming, real-time data. The big banks are focused on getting full coverage,” says Scott Hall, managing director of North American sales at Activ, adding that the vendor has also received requests for data from exchanges in mainland China and India.
Activ is also now deploying hardware-based feed handlers for the Tokyo Stock Exchange to clients, as the vendor continues to port its feed handlers onto hardware technologies after last year’s release of the second generation of its MPU hardware-accelerated market data appliance, Hall says (IMD, Nov. 19, 2010). Activ previously supported feeds from the TSE in MPU using its software feed handlers, and is now migrating these to hardware-accelerated versions for even faster performance.
The vendor already provides hardware feed handlers for US equity markets and the Options Price Reporting Authority’s consolidated feed of US options data, and turned to the TSE next because of client demand, Hall says, adding that Activ has also recently released a hardware feed handler for the London Stock Exchange and plans to move its feed handlers for the other main European markets to hardware versions in the coming months, depending on client demand.
Activ also continues to expand its FX content, releasing new handlers for feeds of FX rates from trading platforms including Barclays Capital’s BARX FX, Citi’s CitiFX and UBS’ FX Trader Plus, adding to the vendor’s existing handlers for other rate feeds from large FX dealers, including Bank of America Merrill Lynch, the Royal Bank of Scotland and Goldman Sachs, as well as feeds from electronic FX trading platforms including HotspotFX, EBS and Currenex.
“If you’re an FX trader, and you’re trading with any of the main players, we’ve now written the ability to process those feeds and consolidate them for a client,” says Hall. “It’s a continuous effort, and we’re constantly increasing coverage and adding banks as we get requests from clients.”