London based MarketPrizm, a provider of ultra-low latency market data and trading infrastructure services, has announced that it is extending its range of market data products to offer historic data. The firm will offer high quality historic data from major exchanges to financial services firms. The data can be downloaded and used for simulation models to test investment strategies before putting them into the live market.

After extensive research in the market, MarketPrizm has found that the quality of data is a key factor for users when assessing solutions. MarketPrizm will provide full depth historic data captured and time stamped in    Colocation  Colocation Colocation concerns the practice of accessing prices a split second faster through direct feeds.This differs from the congregation of data that is generally transferred between two exchanges then displayed on a trader’s computer, mobile device, or tablet. Popularized out of the wake of high-frequency trading, colocation is becoming more sought after as speed continues to prove paramount within the day trading arena and algo trading is on the rise. What Are the Benefits of Colocation?The core advantage that stems from colocation includes lower latency. This helps traders to secure the best price while shaving vital milliseconds off the time it takes to execute trades. Networks continue to grow in complexity and speed continues to play a paramount role in trading. There are also in turn, more chances of a system failure or potential outages which can prove especially hazardous for high-frequency traders (HFT). For traders who reside near the servers used for the matching engines, colocation may not be required due to a decreased network latency between hosted data centers.In the United States, Nasdaq offers customers the ability to colocate its services and equipment within the Nasdaq Data Center, which provides the liquidity and speed needed for all U.S. markets but this opportunity comes with a fee. For trading firms that colocate their services, their computers are almost always among the first orders executed on any single trade, and given the technology utilized far less oversight is required on the exchange itself. As HFT and algo-trading continue to grow in popularity, so will the practice of colocation as a means to level the dynamic trading field. Colocation concerns the practice of accessing prices a split second faster through direct feeds.This differs from the congregation of data that is generally transferred between two exchanges then displayed on a trader’s computer, mobile device, or tablet. Popularized out of the wake of high-frequency trading, colocation is becoming more sought after as speed continues to prove paramount within the day trading arena and algo trading is on the rise. What Are the Benefits of Colocation?The core advantage that stems from colocation includes lower latency. This helps traders to secure the best price while shaving vital milliseconds off the time it takes to execute trades. Networks continue to grow in complexity and speed continues to play a paramount role in trading. There are also in turn, more chances of a system failure or potential outages which can prove especially hazardous for high-frequency traders (HFT). For traders who reside near the servers used for the matching engines, colocation may not be required due to a decreased network latency between hosted data centers.In the United States, Nasdaq offers customers the ability to colocate its services and equipment within the Nasdaq Data Center, which provides the liquidity and speed needed for all U.S. markets but this opportunity comes with a fee. For trading firms that colocate their services, their computers are almost always among the first orders executed on any single trade, and given the technology utilized far less oversight is required on the exchange itself. As HFT and algo-trading continue to grow in popularity, so will the practice of colocation as a means to level the dynamic trading field. Read this Term, with the initial phase covering the most recent three months’ worth of historic data. Data will be provided for the markets where MarketPrizm currently offers data services and will cover equities, commodities and derivatives.

According to a spokesperson at MarketPrizm, the service will capture the most recent three months’ worth of historic data. In addition, the    Technology Provider  Technology Provider A technology provider is an individual, company, or entity that creates, render services and sells software applications or hardware. Currently, there are four types of tech providers which are as followed:Software-as-a-Service (SaaS) – Functioning as a subscription-based licensing and delivery model, SaaS is centrally hosted and may also be referred to as on-demand software. Tech Hardware – Powerful tech providers such as Apple, Oculus Rift, FitBit, and Samsung are examples of tech hardware providers because the majority of their products sold are tangible pieces of equipment that come fine-tuned with a related operating system. Marketplace – Sometimes coined as network or platform, marketplace tech providers connect buyers with sellers within the same industry. Extension of Offline Business – These tech providers seek to provide more convenience to users through the usability of the internet, a couple of examples include businesses involved in e-commerce or even your online banking app. Who Relies on Technology Providers?You can think of a tech provider as a business that fulfills the need for a technology component. The relationship isn’t as symbiotic as it may always appear but through the aid of a technology provider role, tech providers are better able to fulfill the needs of their customers, or in this case, components. Tech providers as well-known as indispensable entities within the B2B forex industry. This includes relationships with brokers that helps improve offerings for clients.There are also a wide range of tech providers who specialize in providing high-demand technological goods and services also reside within the B2C industry.Within this space there is more diversity while the demand to develop more consumer-friendly solutions is ever-present. A technology provider is an individual, company, or entity that creates, render services and sells software applications or hardware. Currently, there are four types of tech providers which are as followed:Software-as-a-Service (SaaS) – Functioning as a subscription-based licensing and delivery model, SaaS is centrally hosted and may also be referred to as on-demand software. Tech Hardware – Powerful tech providers such as Apple, Oculus Rift, FitBit, and Samsung are examples of tech hardware providers because the majority of their products sold are tangible pieces of equipment that come fine-tuned with a related operating system. Marketplace – Sometimes coined as network or platform, marketplace tech providers connect buyers with sellers within the same industry. Extension of Offline Business – These tech providers seek to provide more convenience to users through the usability of the internet, a couple of examples include businesses involved in e-commerce or even your online banking app. Who Relies on Technology Providers?You can think of a tech provider as a business that fulfills the need for a technology component. The relationship isn’t as symbiotic as it may always appear but through the aid of a technology provider role, tech providers are better able to fulfill the needs of their customers, or in this case, components. Tech providers as well-known as indispensable entities within the B2B forex industry. This includes relationships with brokers that helps improve offerings for clients.There are also a wide range of tech providers who specialize in providing high-demand technological goods and services also reside within the B2C industry.Within this space there is more diversity while the demand to develop more consumer-friendly solutions is ever-present. Read this Term will offer users the ability to take advantage of MarketPrizm’s infrastructure for data storage and delivery, thus eliminating the need for them to set up and maintain their own data storage solution. Instead, clients will be given a log-in to access the data in which they are most interested and for which they are approved. The European infrastructure will be based in London while the Asia infrastructure will be based in Tokyo.

MarketPrizm recently announced the launch of its Hong Kong office, thus signifying the firms growing nature and the wider use of low latency solutions in Asia.

The new service will initially be rolled out in Europe in Q4 2013, after which it will be available in Asia.