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Tokyo: TSE taps Nyse Technologies for Arrowhead feed handlers

Nyse Technologies, the commercial technology unit of Nyse Euronext (NYX), today announced the successful launch of enhancements to its super-low latency market data platform specifically designed for the Tokyo Stock Exchange’s new Arrowhead trading platform.

As the new equities trading system for the Tokyo market, Arrowhead has been implemented to support increased trading volumes and the performance demands of ultra-fast electronic trading strategies. The new market technology offers new and enhanced data feeds to the industry and NYSE Technologies has successfully launched support for these new feeds on its high performance market data platform.

“We are very pleased to offer our proven feed handlers for the TSE and its Arrowhead platform. Ten large international clients have successfully deployed and tested the NYSE Technologies market data platform and feed handler suite for their Arrowhead trading environments,” said Peter Tierney, Senior Vice President, NYSE Technologies. “The technology was developed by our engineering team in Asia over the past 6 months. This team was established in 2009 with an emphasis on working closely with Asia-based markets and clients to ensure the superior speed, reliability and functionality that our feed handlers and middleware have demonstrated in other markets around the world.”

TSE’s Arrowhead equities trading system went live on Monday, January 4, 2010. Coinciding with the launch, NYSE Technologies’ market data platform was deployed at 10 major trading firms around Tokyo, to provide secure, high-performance feed handling and middleware for the new Light, Standard and Full feeds. The NYSE Technologies solution deploys with either Local Direct Memory Access (LDMA) or Remote Direct Memory Access (RDMA) middleware and supports data presentation in Japanese or Western book formats. The LDMA-based solution has end-to-end latency of 30 microseconds. With its speed and its small datacenter footprint, this solution has already been installed by a number of clients in the TSE’s newly launched co-location site.

In 2009, NYSE Technologies has focused on building enhanced trading support solutions like its market data platform and feed handler suite for all major AsianAsian markets. Support for the Arrowhead feeds brings the number of Asia markets available on the platform to 20.

Source: FINEXTRA, 06.01.2010

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Filed under: Asia, Data Management, Exchanges, Japan, Market Data, Trading Technology, , , , , ,

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