NYSE Technologies and Unitelco Bring SuperFeed’s Global Real-Time Market Data to Brazil
New York and Sao Paulo, April 8, 2010 - NYSE Technologies, the commercial technology unit of NYSE Euronext, and Universal Telecom (Unitelco), the Brazilian telecom operator today announced the launch of the first real-time market data delivery service to Brazil, NYSE Technologies’ SuperFeed. Offering extensive global market information coverage delivered with ultra-low latency, SuperFeed has a measured transmission speed of only 70 ms, the lowest registered so far in connections between the U.S. and Brazil.
Unitelco selected redundant, wide-band direct links from NYSE Technologies’ SFTI network in New York for direct installation into their data centers in Sao Paulo and Rio. In Brazil, clients can obtain their own customized SuperFeed data via a link to Unitelco, allowing for substantial cost reduction and minimizing unnecessary data overflow.
“SuperFeed greatly streamlines and enhances the delivery of market information to the Brazilian marketplace by sourcing the data directly from NYSE Euronext’s state-of-the-art data centers and reducing latency to the minimum possible by physical laws of distance,” said Stanley Young, CEO, NYSE Technologies. “As the first and only truly real-time feed to Brazil, SuperFeed also eliminates the cost and complexity of managing in-house ticker plants and performing data maintenance. This service represents a dramatic advancement in how the Brazilian financial industry accesses and utilizes information from markets around the world and we are very pleased to work with Unitelco to offer it in Brazil .”
SuperFeed provides on-demand access to consolidated and direct market data from over 30 markets in the U.S., Canada, Europe and Asia, including last trade, top of the book and full-depth information from markets such as NYSE, Nasdaq, OPRA, CME , LSE, Toronto Stock Exchange, Deutsche Boerse, Chi-X and many others – all in a normalized format across all venues. This allows clients to integrate seamlessly with trading applications, quickly add new content and eliminate difficulty in managing symbology changes and feed updates.
Brazilian clients will be able to construct and display their own customized order books. They can also add or swap new market data feeds to support new business requirements without having to redesign their local infrastructure, minimizing the use and costs associated with new hardware, set up and resourcing.
Luiz Kotek, Unitelco CEO said, “This new service is part of an ambitious investment plan to expand our coverage and breadth of solutions for the Financial Industry in Brazil. Unitelco has spared no effort in building this advanced technology service which no other provider will be able match in Brazil. SuperFeed provides our customers with unparalleled service and performance that we believe represents a significant step forward in the availability of real-time trading information and global market data.”
SuperFeed is a ground-breaking offering for Brazilian traders and investors requiring real-time global market information. SuperFeed provides the unique ability to easily scale from the specific needs of individual trading desks to the complex, time-sensitive algorithmic applications as well as broad enterprise-wide requirements.
NYSE Technologies, a division of NYSE Euronext, provides comprehensive transaction, data and infrastructure services, and managed solutions for buy-side, sell-side and exchange communities that require next-generation performance and expertise for mission critical and value-added client services.
Unitelco, a telecom company, is a pioneer in secure wireless solutions for internet access and corporate networking, providing ground-breaking solutions to the Brazilian Financial Industry, including wide band multimedia internet services, corporate networking solutions and global access to financial markets.
About Universal Telecom:
Universal Telecom s/a (Unitelco) was founded in 1999 by a group of American investors utilizing advanced technologies, it provides highly reliable and cost effective internet, voice, video and data communication solutions to enterprises and financial institutions in Brazil and the USA. With its own national and international backbone and collocation, it is able to provide turn key solutions with low latency, redundant circuits, and 24 hour monitoring. For additional information please visit: http://www.unitelco.com.br
About NYSE Technologies
A division of NYSE Euronext (NYX), NYSE Technologies is a leader in providing innovative software, market data products and data management applications, connectivity solutions, exchange technology, and transaction solutions for trading firms, vendors and financial markets around the world. NYSE Technologies offers one of the most comprehensive suites of high quality commercial technology products that includes advanced messaging platforms, co-location services, ultra-low latency order routing and a one-of-a-kind hosted network community, all designed to enable the free flow of liquidity for the global marketplace. This division operates four units: the Global Connectivity unit, offering one of the world's largest, most reliable financial transaction networks connecting firms and exchanges worldwide; the Trading Solutions unit, which creates and implements high performance, end-to-end messaging software and real-time market data distribution and integration products; the Exchange Solutions unit, which provides multi-asset exchange platform services, managed services and expert consultancy; and the Global Market Data unit, which offers a broad array of global market information products covering multiple asset classes. With offices across the U.S. , Europe and Asia , NYSE Technologies' advanced integrated solutions for a wide range of services has earned the ability to power the trading operations of global financial institutions and exchanges. For additional information visit: http://www.nyse.com/technologies
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