Interactive Data, a leading trusted provider of information for over 10 million financial instruments, today announced that has added access to the Australian Liquidity Center (ALC) in Sydney and its Consolidated Feed has added connectivity to the Australian Securities Exchange (ASX) 24 ITCH™ Feed. The addition of ALC and ASX 24 ITCH™ Feed are designed to enhance connectivity across Chicago, Sydney and Tokyo and better support global interest rate arbitrage strategies with a localized, low-latency network.
With offices in over 30 countries worldwide, Interactive Data is a leading global provider of specialized technology managed services for electronic trading firms and vendors. With a comprehensive global footprint, technology neutrality and deep industry knowledge, these new connections are designed to enable enhanced, low latency data delivery.
ASX 24 ITCH™ is a direct data-feed interface and the premium ultra-low latency protocol for accessing ASX24 Market Information, delivering full depth of book via a multicast connection directly from its trading platform. This connection will enable the Consolidated Feed to deliver spread data above what has been previously available.
"Access to, and integration of, reliable news and other value-add content is critical to successful global trading today. To perform effectively, organizations must successfully acquire normalized and aggregated content from an ever-increasing number of sources, trading venues and asset classes,” said Levent Mehmet, V.P. & G.M., Trading Solutions, Interactive Data.
David Raper, Executive General Manager, Trading Services at ASX said, “ASX welcomes Interactive Data to the rich and diverse community of financial market firms at the ALC. The agreement between ASX and Interactive Data underpins the commitment of both organisations to our mutual clients. We look forward to helping Interactive Data provide its clients with dissemination of spread traded prices and volumes, improved latency stability and time-stamping from ASX Trade24® through ASX 24 ITCH™ connectivity."
