Low latency from execution to data - Reuters to add Markit's PMI news
The latency question has been driving discussion amongst industry thinkers this year as the Bank of International Settlements wrote a paper on the topic, this was followed by a special meeting hosted by the FSA in London, the order Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term isn't the only thing on high frequency traders minds, its getting access to data as quickly as possible.
Markit, a leading, global financial information services company, announced that its market-moving Purchasing Managers’ Index™ (PMI™) data will be available via Thomson Reuters News Feed Direct, an ultra-low latency feed of machine readable news designed specifically for algorithmic and high frequency trading.
Delivered over Elektron, Thomson Reuters’ high-performance global infrastructure, the PMI data on News Feed Direct will be released simultaneously in the firm’s Hosting Hosting Hosting refers to the location of a broker’s technology stack. This is one of the most crucial elements of a brokerage that helps prevent the company from losing money due to being unable to mitigate latency risks.Brokers or exchanges are traditionally very vulnerable to latency arbitrage due to the speed with which financial markets move. The traditional datacenter locations for forex brokers are all centered at Equinix facilities around the globe. What Are the World’s Foremost Data Centers?Sin Hosting refers to the location of a broker’s technology stack. This is one of the most crucial elements of a brokerage that helps prevent the company from losing money due to being unable to mitigate latency risks.Brokers or exchanges are traditionally very vulnerable to latency arbitrage due to the speed with which financial markets move. The traditional datacenter locations for forex brokers are all centered at Equinix facilities around the globe. What Are the World’s Foremost Data Centers?Sin Read this Term sites worldwide, which will enable customers to trade on this important information anywhere they conduct business.
The Markit PMIs are leading indicators of business and economic conditions and drive a wide range of markets including equities, foreign exchange, fixed income and derivatives. Markit uses the same methodology across all its PMIs, making these indices the most timely and internationally-compatible economic dataset available each month.
Luke Thompson, Director and Head of Markit Economics at Markit, said: “We are delighted that our PMI data set is now part of Thomson Reuters News Feed Direct, the leading economic news service, and is available to a broad audience of market participants through Elektron. It highlights the increasingly important role that PMIs play on international financial markets and ensures that our data are distributed to as wide an audience as possible, including algo and high-frequency traders.”
The 'additional' elements involved in trade execution such as data vendors are the subject to new proposals in MIFID 2, Forexmagnates will be discussing MIFID 2 and its implications in the next Q4 report.
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The latency question has been driving discussion amongst industry thinkers this year as the Bank of International Settlements wrote a paper on the topic, this was followed by a special meeting hosted by the FSA in London, the order Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term isn't the only thing on high frequency traders minds, its getting access to data as quickly as possible.
Markit, a leading, global financial information services company, announced that its market-moving Purchasing Managers’ Index™ (PMI™) data will be available via Thomson Reuters News Feed Direct, an ultra-low latency feed of machine readable news designed specifically for algorithmic and high frequency trading.
Delivered over Elektron, Thomson Reuters’ high-performance global infrastructure, the PMI data on News Feed Direct will be released simultaneously in the firm’s Hosting Hosting Hosting refers to the location of a broker’s technology stack. This is one of the most crucial elements of a brokerage that helps prevent the company from losing money due to being unable to mitigate latency risks.Brokers or exchanges are traditionally very vulnerable to latency arbitrage due to the speed with which financial markets move. The traditional datacenter locations for forex brokers are all centered at Equinix facilities around the globe. What Are the World’s Foremost Data Centers?Sin Hosting refers to the location of a broker’s technology stack. This is one of the most crucial elements of a brokerage that helps prevent the company from losing money due to being unable to mitigate latency risks.Brokers or exchanges are traditionally very vulnerable to latency arbitrage due to the speed with which financial markets move. The traditional datacenter locations for forex brokers are all centered at Equinix facilities around the globe. What Are the World’s Foremost Data Centers?Sin Read this Term sites worldwide, which will enable customers to trade on this important information anywhere they conduct business.
The Markit PMIs are leading indicators of business and economic conditions and drive a wide range of markets including equities, foreign exchange, fixed income and derivatives. Markit uses the same methodology across all its PMIs, making these indices the most timely and internationally-compatible economic dataset available each month.
Luke Thompson, Director and Head of Markit Economics at Markit, said: “We are delighted that our PMI data set is now part of Thomson Reuters News Feed Direct, the leading economic news service, and is available to a broad audience of market participants through Elektron. It highlights the increasingly important role that PMIs play on international financial markets and ensures that our data are distributed to as wide an audience as possible, including algo and high-frequency traders.”
The 'additional' elements involved in trade execution such as data vendors are the subject to new proposals in MIFID 2, Forexmagnates will be discussing MIFID 2 and its implications in the next Q4 report.