Get your own press room

Get your own press room
20/10-09   -   Press releases

Interactive Data Provides Global Market Data to Winterflood

Interactive Data’s PlusFeed delivers low-latency market data to leading market maker

Interactive Data Corporation (NYSE: IDC), a leading provider of financial information, analytics and related solutions, today announced that Winterflood Securities Ltd, one of the UK´s leading electronic market making firms, has selected Interactive Data’s low-latency, consolidated datafeed, PlusFeedSM, for use by its traders. The market data will be fed directly into Winterflood’s proprietary trading and database systems for use by its front, middle and back-office functions.

Interactive Data’s PlusFeed delivers low-latency data on over six million securities from more than 450 sources around the world, including multi-asset class instrument coverage and extensive Level 2 data. The feed is used by financial institutions globally to power algorithmic and electronic trading applications. Winterflood will populate its trading and database systems with Interactive Data’s real-time global exchange data, covering a wide range of asset classes, as well as global over-the-counter prices contributed by over 150 leading market players in the foreign exchange, precious metals, money and fixed income markets.

“Following a comprehensive review, we decided that Interactive Data was the provider most aligned with our market data needs," said Philip Yarrow, director of Electronic Trading at Winterflood. “Interactive Data offered us the breadth and depth of coverage, ease of integration and low-latency delivery that we needed to help us further increase performance and handle the continuous growth of data consumption in a cost-effective way."

“We are delighted that Winterflood has chosen Interactive Data to supply global market data to its traders," said Hilary London, general manager, EMEA at Interactive Data’s Real-Time Services business. “With its depth of coverage, as well as its low latency and flexibility of delivery, PlusFeed is a compelling solution for companies that need a high-quality datafeed for business-critical processes and trading operations."

About Interactive Data Corporation

Interactive Data Corporation (NYSE: IDC) is a leading global provider of financial market data, analytics and related solutions to financial institutions, active traders and individual investors. The Company´s businesses supply real-time market data, time-sensitive pricing, evaluations and reference data for millions of securities traded around the world, including hard-to-value instruments. Many of the world´s best-known financial service and software companies subscribe to the Company´s services in support of their trading, analysis, portfolio management and valuation activities. Interactive Data, headquartered in Bedford, Mass., has approximately 2,400 employees in offices located throughout North America, Europe, Asia and Australia. Pearson plc (NYSE: PSO; LSE: PSON), an international media company, whose businesses include the Financial Times Group, Pearson Education, and the Penguin Group, is Interactive Data Corporation´s majority stockholder.

Interactive Data’s Real-Time Services business is a leading provider of real-time global market data to financial institutions, redistributors and online financial portals worldwide. Offerings from Interactive Data include PlusFeedSM, a consolidated, low-latency datafeed. Also managed as part of this group is Interactive Data’s Managed Solutions business, a leading provider and operator of customised financial market information systems.

For more information about Interactive Data Corporation and its businesses, please visit www.interactivedata.com.

Interactive DataSM and the Interactive Data logo are service marks of Interactive Data Corporation. PlusFeedSM is a service mark of Interactive Data Real-Time Services.

Press contacts


Company

Interactive Data Corporation
32 Crosby Drive
Bedford, MA 01730 , England

  +44 (0)20 7825 8076


Receive news from Interactive Data Corporation by mail

Sign up here
Our mission is to streamline and disseminate all kinds of press and business information and make it available to all on all available platforms.

about MyPressWire