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New York, NY – Reuters (LSE: RTR; NASDAQ: RTRSY), the global
information company, today announced that Susquehanna International Group (SIG)
has selected Reuters Data Feed Direct (RDF-Direct), providing them with ultra
low latency access to data from the Options Pricing and Reporting Authority (OPRA)
, the Securities Industry Automation Corporation (SIAC) and NASDAQ.
RDF-Direct is a Reuters managed direct exchange feed service which directly
connects Susquehanna to the raw exchange feeds from trading venues giving the
firm the fastest access to the data.
Susquehanna becomes the sixth client to sign with Reuters for the RDF-Direct
OPRA service following its launch in the second half of last year. Reuters
intends to expand coverage of the RDF-Direct suite of managed direct exchange
feed services with plans for over forty new venues globally by the end of 2006.
This will include support for full order book feeds, built using the new
flexible Open Message Model provided by the Reuters Foundation API (RFA), and
fully supported by the latest release of Reuters Market Data System (RMDS v6).
Glenn Wasserman, Global Head of Product and Capabilities, Reuters
Enterprise Information, said: “We are delighted that Susquehanna has chosen RDF-Direct
as a key component for satisfying their demand for the fastest access to market
data. Our managed service offering combined with full integration into RMDS, our
leading market data platform, is a powerful combination which will enable
Susquehanna’s traders to make better informed and faster decisions.”
Dave Lenowitz, Global Head of Technology, Susquehanna, said: “We
selected Reuters managed direct data feed, RDF-Direct, to enable us to focus our
resources on high value added activities, rather than data maintenance and
administration. Seamless implementation on our existing RMDS backbone has made
this easy to deploy, and the consistency with existing data formats has made it
possible to validate the quality and reduced latency of the RDF-Direct. In
addition, Reuters strong commitment to ensure support for key vendor
applications contributed to our decision to use the RDF-Direct.”
End
Contact:
Steve Clarke
Reuters Media Relations
Tel: +44 207 542 6865
Mob: +44 7990 56 6865
steve.clarke@reuters.com
Samantha Topping
Corporate Communications
Tel: +1 646 223 5223
Mob: +1 917 294 0329
samantha.topping@reuters.com
About Reuters
Reuters (www.reuters.com), the global information company, provides indispensable information tailored for professionals in the financial services, media and corporate markets. Its trusted information drives decision making across the globe based on a reputation for speed, accuracy and independence. Reuters has 15,300 staff in 89 countries, including staff from the acquisition of Telerate in June 2005. It also includes 2,300 editorial staff in 189 bureaux serving 128 countries, making Reuters the world’s largest international multimedia news agency. In 2005, Reuters revenues were £2.4 billion.
Reuters and the sphere logo are the trade-marks of the Reuters group of companies.
About Susquehanna International Group, Inc.
The Susquehanna International Group of Companies (SIG), a leading institutional
sales, research and market making firm, offers renowned execution expertise in
listed, NASDAQ, Exchange Traded Funds (ETFs), options, program trading and
American Depositary Receipts (ADRs). SIG also provides unbiased, differentiated
equity research to the institutional asset management community. SIG encompasses
a NASDAQ market making operation in over 3,000 stocks, is among the nation’s
largest option market makers and specialist in over 600 option classes, is the
leading sector index options trading firm and is one of the largest liquidity
providers in ETFs. SIG has offices in Bala Cynwyd, Boston, Chicago, Dublin, New
York, Philadelphia, San Francisco and Sydney. For more information, please visit
www.sig.com.
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