Thomson Reuters has launched a hosted, low latency direct market data feed to the US Options Agency (Opra).
The feed is delivered through Reuters Hosting Solutions (RHS), providing full-tick, low-latency Opra market data via a new, network-optimised facility in Nutley, New Jersey.
The vendor says the feed offers direct connect, high-performance data to customers with full support for Reuters symbology and application programming interface (API) capabilities.
Opra data is delivered to the RHS data centre in sub millisecond time via BT's Radianz Ultra Access.
Thomson Reuters says all hardware and platform components are fully managed at the hosting centre, meaning the customer needs minimal infrastructure deployed at their site.
The offering supports separate national best bid and offer (NBBO) and regional quote streams so customers can restrict subscription to the content they want. In addition, there is support for co-location of customer applications for direct cross-connection to full-tick Opra data.
Bill Ruvo, global business manager, real-time feeds, Thomson Reuters, says: "Algorithmic and programmatic trading systems require access to full-tick, low-latency Opra data through a scalable service that can handle not only today's 3 billion-plus messages per day, but also tomorrow's projected growth rates. Thomson Reuters aims to meet this market need by providing this solution with minimum impact on customer infrastructure."