Moneyline Telerate has signed a multi-year, multi-million dollar agreement to license and deploy HyperFeed Technolgies' Managed Exchange Platform Services (MEPS) product and H!BOX data feed.
HyperFeed says Moneyline Telerate is using MEPS as a utility technology solution within its Crucible ticker plant for the distribution, delivery and transmission of multiple data sources.
Sean Gilman, CTO, Moneyline Telerate, says: "We chose HyperFeed because they provide proven off the shelf software with a licensing model that enables Moneyline Telerate to independently and quickly advance Crucible."
This agreement follows HyperFeed's recent contract win with the Chicago Board Options Exchange (CBOE) for a single, fully managed, on-site ticker plant for accessing direct exchange data.