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Thomson Reuters Begins Roll Out Of High-Speed Data Feed


Ron Burgundy
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The logo of Thomson Reuters is pictured at the entrance of its Paris headquarters, FranceThomson Reuters will take the first steps next month to launch a new data feed that gives high-speed computer traders 10 times faster updates on prices on its Matching venue, where banks trade tens of billions in foreign exchange daily. The new Matching Binary Multicast Feed will increase update frequencies for real-time market data to as little as 25 milliseconds, the company said in a letter to customers. The move mirrors a launch by one of the Thomson Reuters' main rivals as a venue for electronic trading of currencies, ICAP-owned EBS Brokertec, who have just begun providing their EBS Ultra high-speed data feed to clients.




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