Deutsche Borse - Market Data & Analytics has now made its algorithmic news feed “AlphaFlash” available in a data center in Tokyo. This is the second Asia-Pacific location where AlphaFlash is offered.
AlphaFlash is hosted in the KVH Tokyo Data Center, which is operated by KVH Co., Ltd., a leading Japanese IT and communications service provider.
“As algorithmic and computerized trading continues to evolve in the Asia-Pacific region, Tokyo has emerged as one of the dominant markets in this field. The KVH Tokyo Data Center will allow us to provide AlphaFlash to local trading firms and current customers seeking to incorporate machine-readable news directly into their trading applications,” said Georg Gross, Head of Front Office Data & Analytics at Deutsche Borse.
“The KVH Tokyo Data Center is the ideal managed environment for supporting algorithmic electronic trading by offering proximity hosting and ultra low-latency connectivity to the major exchanges in Japan and key financial cities in the region. We are very excited to have AlphaFlash available within our Trading Avenue environment as our customers will certainly benefit from gaining access to this algorithmic news feed,” said Dr. Zhongmin Guo, Vice President, Telecom and International Business Unit of KVH.
AlphaFlash is now available in nine data centers globally, including co-location and proximity hosting options in Chicago, New Jersey, Washington, Sydney, Frankfurt and London.
Launched in April 2010, AlphaFlash delivers more than 175 machine-readable economic indicators from the U.S., Canada and Europe within milliseconds. Data content includes central bank interest rate decisions, employment numbers, housing statistics and gross domestic product figures. A version of AlphaFlash that includes macroeconomic data from Asia-Pacific is currently being beta tested and is scheduled to go into full production in 2011.
The AlphaFlash product range was built by Deutsche Borse’s Market Data & Analytics segment using resources from its subsidiaries Need to Know News (NTKN) and Market News International (MNI). As fully accredited news agencies, NTKN and MNI have direct access to government lock-up rooms as well as embargoed news releases. As a result, economic events are processed so they become available with minimum latency to speed-sensitive algorithms and professional traders after the embargo has been lifted.
Melanie Rodier has worked as a print and broadcast journalist for over 10 years, covering business and finance, general news, and film trade news. Prior to joining Wall Street & Technology in April 2007, Melanie lived in Paris, where she worked for the International Herald ... View Full Bio