Direct Edge Introduces Edge Ticker Plant to Help Trading Firms Lower Technology Infrastructure Costs Without Compromising Performance

Edge Ticker Plant Allows Traders to Leverage the Direct Market Access of Connect Edge and the Ticker Plant Technology of Exegy for Low Latency Integration and Processing of Very Large Amounts of Data


JERSEY CITY, N.J., Aug. 6, 2012 (GLOBE NEWSWIRE) -- Direct Edge®, one of the world's leading equities exchange operators, announces Edge Ticker PlantSM, an accelerated market data aggregator. It leverages the Connect EdgeSM network and Exegy ticker plant technology to integrate more than 20 market data feeds with direct market access to all major U.S. equity exchanges. Edge Ticker Plant enables traders to cross-connect to a Direct Edge ticker plant and potentially reduce their technology spend for critical low latency data collection. Edge Ticker Plant expands the Connect Edge ecosystem, a high-speed, low latency network which allows traders to access Direct Edge through multiple Points of Presence (PoP) by cross-connecting from within their own facility to a Connect Edge PoP. 

"Trading firms are being squeezed by shrinking trading volumes and an increased need for expensive, low latency data processing and connectivity services that can handle massive amounts of data traffic," said Kevin Carrai, Head of Connectivity and Member Services at Direct Edge. "There is a great opportunity for Direct Edge to expand its partnership with its customers by delivering infrastructure services that are world class, at costs that are less for customers than building and maintaining the capabilities in-house."

Edge Ticker Plant is available as of August 6. Pricing details are available by speaking to a Direct Edge sales representative at 866.472.5267.

Direct Edge

Direct Edge is one of the leading stock exchange operators in the United States and globally. Headquartered in Jersey City, New Jersey, Direct Edge offers dynamic trading functionality across two distinct platforms, EDGA and EDGX, as well as connectivity and market data services. Its commitment to innovation and superior customer service helps its Members move their business lives forward. In November of 2011, Direct Edge announced plans to expand internationally with the opening of Direct Edge Brazil, a Rio de Janeiro-based electronic stock exchange for the trading of Brazilian equities. Direct Edge is owned by a consortium that includes affiliates of Citadel LLC; Goldman Sachs Group, Inc.; International Securities Exchange, LLC.; JPMorgan Chase & Co.; and Knight Capital Group, Inc. More information is available at www.directedge.com and www.directedge.com.br.

The Direct Edge logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=4803


            

Contact Data