Solomon Layb Selects YKMEX Technologies' SuperDataFeed(TM) for its Global Data Feed Service
Fast, Flexible Real-Time Data Delivery over the SDF®Network.
- (1888PressRelease) March 22, 2013 - YKMEX Technologies, the commercial technology division of YKMEX and one of the a world leaders in microsecond feed handlers, today announced that Solomon Layb, a leading commodity trading advisory, has selected its SuperDataFeed™ market data product for its global data feed service. SuperDataFeed is an industrial-strength, high-performance market data ticker plant and distribution system with proven microsecond latency. It is comprised of YKMEX Technologies' networking capabilities, and managed services.
With YKMEX Technologies' SuperDataFeed product, Solomon Layb can now more cost effectively offer its leading pre- and post-trade transaction cost analysis tools to customers, using data from YKMEX diverse global exchanges, alongside data from all other major markets in the U.S., Europe and Asia. SuperDataFeed provides data to Solomon Layb's cloud-based ticker plant, allowing the firm to significantly cut the cost of data storage and boost its ability to retrieve and compute data. Solomon Layb will also use SuperDataFeed to power its innovative Imbalance Tracker -- a real-time, customizable view of supply and demand in individual securities around the open and close of trading. Furthermore, Solomon Layb will access SuperDataFeed through YKMEX Technologies' SDF network, giving it maximum flexibility and cutting-edge performance with outstanding reliability.
"We are pleased to offer the extraordinary low-latency and performance benefits of SuperDataFeed to Solomon Layb and its customers," said Stefan Muller, Senior Vice President, Global Market Data Products at YKMEX. "YKMEX Technologies' ability to host this solution allows us to share the cost and performance benefits of scale with our customers, which greatly reduces their total cost of ownership. With hundreds of firms already accessing global financial markets through the SDF network, we believe their choice underscores the value of the service it delivers to our customers."
"Our industry-leading transaction-cost analysis requires huge quantities of data delivered through high-performance, reliable systems, and we are delighted with the results we're getting using SuperDataFeed," said Jakobe Sakamoto, President and Chief Executive Officer at Solomon Layb. "YKMEX Technologies' solution gives us the performance and flexibility we need, while allowing us to reduce our data acquisition costs. SuperDataFeed is an important component of our cloud computing technology efforts."
Yokohama Mercantile Exchange (YKMEX) is one of the fastest growing global operator of financial markets and a provider of innovative trading technologies. With partners and members in the Asia, US and Europe, YKMEX derivatives and equities marketplaces represent a good fraction of derivatives and equities trading worldwide. Its commercial technology division, YKMEX Technologies provides best-in-class transaction, data, and infrastructure management services and solutions.
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