Market Data Ticker Plant

Now more than ever as market volatility and rapidly fluctuating trade volumes dominate the trading environment, high-speed, ‘clean’, accurate market data is crucial to buy- and sell-side traders alike. There are far too many examples of stale data resulting from antiquated ticker plants pushed beyond their limits during message bursts and periods of heavy trading volume. Mantara’s market data ticker plant was designed not only to excel during these extreme conditions, but to handle data volumes and speeds far surpassing today’s levels.  

Buy- and sell-side firms subscribing to vendor-supplied market data services that fail to keep pace with dramatically increasing message rates will find themselves behind the market and missing profitable trading opportunities.  While organizations taking on the challenge of operating a  ticker plant in house, will find it a complex and costly endeavor requiring onerous staffing, technology, and financial resources to keep up with technology advances and increasing trade volumes. 

Hosted at its high-throughput data center, Mantara offers a reliable, cost-effective, multi-asset market data ticker plant at unsurpassed speeds.  Designed and developed to fuel Mantara’s expressWay™ trading system, the expressWay Market Data Ticker Plant derives maximum benefit from the latest technology, using multi-core processors to minimize movement of data between servers and take advantage of the industry’s highest-speed processors. This performance-optimized platform provides traders with an ultra-low latency, reliable and scalable integrated or standalone market data solution. 

 

Market Data Ticker Plant Overview

The expressWay multi-asset ticker plant provides access to market data from a broad range of feeds, exchanges and ECNs. Feeds include both consolidated and direct feeds for quote and trade data from the AMEX, NYSE and U.S. regional stock exchanges in addition to NASDAQ, BATS, Direct Edge, Reuters and others.

For traders seeking the ultimate tool for market data reliability, Mantara’s ticker plant solution provides these advantages:

  • Capable of handling over 6 million messages per second and designed to accommodate well over that—ensuring low-latency performance
  • Meets the demanding requirements of algorithmic trading
  • Designed to ensure extra high reliability by providing multiple sources for each data feed and redundant hardware capabilities—delivering continuous operation during turbulent periods
  • Includes a powerful and flexible Software Development Kit (SDK) facilitating integration with client market data applications
  • Connects directly to expressWay servers via co-location, private lines or extranet providers

 

Ticker Plant Data Coverage

The ticker plant publishes normalized market data covering:

  • Inside Price – Level One derived from direct feeds and consolidated feeds
  • Market Depth of Book – Level Two derived from all direct and consolidated feeds, advanced filtering and hierarchy rules allow creation of unique book feeds
  • Time and Sales – tick-by-tick data providing trades and quote data
  • Market Analytics – key technical indicators and performance statistics from data feeds

 

Software Development Kit (SDK)

Designed for applications requiring low-latency market data with minimal processing overhead, the SDK facilitates integration of clients’ market data-consuming applications with the ticker plant for standalone applications.

 

Cost Effective Delivery

Brought to you by a trusted, leading technology innovator, the expressWay ticker plant is a fully hosted market data solution that enables clients to avoid both the high costs of maintaining hardware on site as well as those associated with maintaining costly dedicated communications lines to a growing number of data sources.

Clients need only a single, direct connection to Mantara’s data center to access information quickly and securely. Transport latency can be furthered minimized by co-locating client servers at Mantara’s state-of-the-art co-location facility. Mantara operations staff monitor and manage the entire solution, ensuring 24/7 availability and dramatically reducing cost of ownership.

 

Benefits

Trading success in today’s environment of market volatility and rapid price change demands faster and more robust market data solutions. Whether using the expressWay Market Data Ticker Plant for normalized consolidated feeds, direct feeds from exchanges or ECNs or news feeds—innovative buy- and sell-side participants recognize the powerful benefits of partnering with Mantara to meet their expectations for ticker plant functionality. Mantara‘s solution provides clients with:

  • Reliable low-latency market data to help capture liquidity
  • Cost-efficient rapidly deployed solution, outsourced to Mantara—alleviating need for large cash outlays
  • Product designed on an advanced technology platform able to handle rapidly growing message volumes

With access to a high-performance market data ticker plant that was designed for the markets’ most robust and technologically-advanced trading systems, Mantara’s clients receive an ultra low-latency, high-throughput, reliable and scalable market data solution via cost-effective ASP delivery.