29 Sep 2008
Thomson Reuters Launches Ultra Low Latency Direct Feed Connectivity to Turquoise
London – Thomson Reuters has launched a new ultra low latency direct feed to Turquoise, the multi-lateral trading facility established by nine leading European investment banks to deliver market data and trading connectivity. The sub-millisecond direct exchange feed for Turquoise is in response to growing interest in multilateral trading facilities.
Immediate access to the Turquoise feed is available through Thomson Reuters flagship direct exchange feed platform – Reuters Data Feed Direct. Reuters Data Feed Direct provides sub-millisecond direct exchange feed connectivity to exchanges around the world and is a fully managed service including daily reference data maintenance, all required hardware and software, and services monitored by Thomson Reuters global support teams. Thomson Reuters Data Feed Direct was recently named best low latency product 2008 by Inside Market Data.
"Milliseconds can make a big difference when you’re trading and ensuring our growing customer base can have direct feed connectivity to Turquoise is a central part of our distribution strategy ," commented Yann l’Huiller, Chief Technology Officer of Turquoise. "We aim to work closely with ultra low latency providers like Thomson Reuters and we are delighted that they have written a high performance data feed for our pan-European, open equity trading platform."
Scott Kennedy, Global Head of low latency direct feeds at Thomson Reuters, added: "Thomson Reuters is dedicated to supporting the growth of our customers' businesses and is pleased to be working closely with Turquoise on this new offering. Thomson Reuters provides a globally supported, fully managed direct feed service and is committed to expanding venue availability throughout 2008 across all regions, whilst embracing the latest technology innovations to maintain our status as the best low latency solution provider.”
About Thomson Reuters
Thomson Reuters is the world’s leading source of intelligent information for businesses and professionals. We combine industry expertise with innovative technology to deliver critical information to leading decision makers in the financial, legal, tax and accounting, scientific, healthcare and media markets, powered by the world’s most trusted news organization. With headquarters in New York and major operations in London and Eagan, Minnesota, Thomson Reuters employs more than 50,000 people in 93 countries. Thomson Reuters shares are listed on the New York Stock Exchange (NYSE: TRI); Toronto Stock Exchange (TSX: TRI); London Stock Exchange (LSE: TRIL); and Nasdaq (NASDAQ: TRIN). For more information, go to www.thomsonreuters.com.
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Yvonne Diaz
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Thomson Reuters
Tel: +44 (0)20 7542.2615
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Nick Bone
Penrose Public Relations
Tel: +44 (0)20.7786.4878
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