Automated Trading Desk has selected Real-Time Innovations’ messaging middleware as the foundation of its market-data distribution infrastructure.
The middleware will be used to distribute real-time data from direct-exchange and electronic communication network (ECN) feeds to its price-prediction engines, automated trading applications and order-management system.
ATD says it is updating its market data infrastructure to more cost-effectively cope with data volumes, which are currently growing 50% annually. This challenge is made more acute by ATD’s expansion from equities to options trading, which increases by a factor of 10 the amount of data that must be distributed.
RTI says its highly scalable throughput supports this volume increase while eliminating the investment in additional hardware that would have been required with ATD’s existing messaging technology. It also provides low latency for high-speed automated trading.