Seed CX will provide a derivatives trading platform, a wholesale marketplace, and a pricing data feed for participants in commodity markets to hedge, trade the underlying product, and access economic information for decision making.
Clayton will create software patches relating to each day's trading data for the vocals to be fed through, their sound altered by market performance.
A CCP shall have the right to non-discriminatory access to the data feed of any particular trading venue and access to any relevant settlement system that it needs for the performance of its duties.
Just last August, a software glitch at Nasdaq knocked out trading on its system for hours; a few weeks later, a data feed managed by NYSE Euronext brought down the entire U.S. options market.
But because the problems involved the data feed from which prices are derived, all exchanges stopped trading Nasdaq stocks on Thursday.
I sort each data feed to update me preferentially on news in the underlying names I trade and on macro developments.
Notably, the market data feed is provided by Thomson Reuters.
They include high-speed Internet access ($45), an online trading account with charts and live data feeds ($130), access to a chat room ($250) and an alert system that suggests entry and exit points ($79).
According to Aite Group, a financial services consulting company, about 35 percent of quantitative trading firms are exploring whether to use unstructured data feeds.
Few analysts expect this new reality of high-speed, high-data trades will change, save for a crackdown from government regulators or the stock exchanges themselves, which make money from fast-paced trading by selling access to by-the-microsecond data feeds of market activity.
Basically, Moneyline's starting point is replicating the specialized data feeds traders have traditionally had on their custom terminals and trading turrets.
