InfoDyne Provides Consolidated Order Book Server Combining NASDAQ & ECN Depth of Book
Chicago (March 7, 2005) – InfoDyne Corporation, a leading provider of direct exchange feed ticker plant technology that is essential to algorithmic trading, today announced the availability of a Consolidated Order Book Server providing the ability to see consolidated depth of book information across multiple markets by combining NASDAQ’s TotalView with the ArcaEx, INET, and BRUT order book feeds. The new server is the latest addition to the growing list of servers and capabilities available for InfoDyne’s TPS+Plus direct feed ticker plant system.
Key features of the server include flexible data models and the ability to publish data in multiple ways including: fully aggregated market size at each price, partial aggregation showing aggregate size at price in each market center, or consolidation without aggregation. Users of older market data distribution systems can choose to view the top-n price levels for a given book, while those supporting more advanced data models, such as InfoDyne’s TPS+Plus Middleware2, can also see dynamic spreadsheet-like grids containing full depth of book information.
“InfoDyne’s TPS+Plus ticker plant system has consistently set the standard for product innovation to meet evolving market requirements and, with our new Consolidated Order Book Server, we are pleased to do so again.” said Guy Tagliavia, President of InfoDyne. “The OTC market has become so fragmented, the only way to see the full market is to merge the order books from each of the major liquidity pools. If SEC Reg NMS moves the listed market in this direction, we’ll have a ready solution to expand market coverage.” added Tagliavia.
Like all TPS+Plus components, the Consolidated Order Book Server may be scaled across multiple servers to accommodate virtually unlimited message rates, can be provisioned on existing market data systems, and is available for the Sun® Solaris, Linux, and Microsoft® XP operating systems.
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.