Tradelegs Strategy Optimization Platform to be Powered by Interactive Data

Real time data solution from Interactive Data will be feeding data directly into the software provided by Tradelegs to portfolio

Software providing company for portfolio managers, analysts and traders Tradelegs has announced that it is partnering with Interactive Data in order to gain access to the company’s vast data feeds. According to the announcement the firms will be collaborating with the integration of the Consolidated Feed solution provided by Interactive Data.

The solution is aggregating content from more than 450 sources and relays them globally into a normalized format supported by Interactive Data’s distributed ticker plant architecture. Consolidated Feed is delivering data from more than 150 exchanges and 110 contributors of over-the-counter data on equities, options, futures, exchange traded funds (ETFs) and ETF options.

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The multi-asset class solution is also boasting extensive Level 2 data. Clients of Tradelegs, will be provided with a reliable stream of data through the partnership allowing them to focus on developing strategies.

The CEO of Tradelegs, Gideon Agar commented in the announcement, ”When our clients seek to structure custom, single-stock and portfolio strategies, access to consolidated data is essential. Interactive Data’s Consolidated Feed was our preferred choice for this type of data.”

The Director and Global Business Manager for Content & Real-Time Feeds at Interactive Data, Shai Popat added, “The ability to access data in real-time is critical for clients who wish to conduct portfolio and trading analyses that are responsive to intra-day movements. The combination of our Consolidated Feed with Tradelegs’ platform means that they now can.”

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