InfoDyne Expands TPS+Plus Ticker Plant to Provide Support for CME & CBOT Data Feeds
Chicago, April 19, 2005 – InfoDyne Corporation, a leading provider of direct exchange feed ticker plant technology that is essential to algorithmic trading, today announced expansion of its TPS+Plus product line to include support for the market feeds of the Chicago Mercantile Exchange and Chicago Board of Trade. The capability was added in response to the surging demand for direct feed access by futures traders.
Underscoring the difference between a simple “feed handler” and TPS+Plus, the CME and CBOT implementation provides for:
- Data Normalization to a common set of data models across all sources, so that applications don’t have to know about differences between data sources.
- Current Cache to ensure that the current values for every instrument are available on-demand.
- Value Added Fields calculated in real-time. Examples include: accumulated volume, highs, lows, opens, closes, net change, etc.
- Data Blending to ensure that data from the exchanges can be supplemented within the servers by data from other sources, such as fundamental and reference information. Applications see a single record with all the fields they need.
- Single Namespace: combining all feeds into a single virtual service to shield applications and users from having to know which feed supplies a particular instrument.
- Enterprise Gateways to seamlessly interconnect multiple market data environments (InfoDyne Middleware2, Reuters® Triarch, TIB, and/or RMDS).
- Support for Multiple Operating Systems: Sun® Solaris, Linux, and Microsoft® XP
“Demand for direct exchange feeds continues to grow, as increasing numbers of firms seek to reduce the latency of data used by their trading applications. At InfoDyne, we remain committed to delivering low latency solutions to our customers and to giving them access to whatever data sources they require,” said Jeff Wootton, Senior Vice President for Products and Services at InfoDyne.
TPS+Plus will be a feature product when InfoDyne exhibits at Incisive Media’s “Inside Market Data 2005” event scheduled for the Grand Hyatt, New York, on April 26.
About InfoDyne
InfoDyne Corporation (
www.infodyne.com) has been a provider of market leading enterprise products and solutions to the financial marketplace for over 12 years. With a commitment to “encapsulate
your enterprise
TM”, InfoDyne delivers ticker plant, straight through processing, and object-based middleware technology — solutions that offer a quantifiable market advantage, a reduced cost of ownership, and a high rate of return.
InfoDyne’s TPS+Plus™ ticker plant system integrates direct exchange, ECN, and consolidated feeds, including all North American and most major global exchange feeds, to provide dramatically faster data delivery than traditional market data consolidators, and, at a significantly lower cost. InfoDyne’s STP+Plus™ solution offers direct trade and order routing to major exchanges, and other trading partners.All InfoDyne products are compatible with the leading client site system solutions currently in the market, including InfoDyne’s own object-based Middleware2 technology.InfoDyne’s TPS+Plus™, STP+Plus™, and Middleware2 system solutions are deployed on-site within a customer’s own data center or as a fully managed service at a shared data center facility.