Listed equities market data from the Bombay Stock Exchange (BSE) is now available via a low-latency direct feed from Thomson Reuters.
This move comes after the introduction of direct market access (DMA) trading that was recently announced by Securities Exchange Board of India (SEBI), according to a Thomson Reuters release.
Utilizing Reuters Data Feed Direct, clients can access BSE’s Low-Latency Feed (LLF), which provides real-time market data for all BSE-listed stocks, including prices, indices and volumes up to five levels.
BSE clients can connect from their own datacenter or using either Thomson Reuters’ hosted service in combination with the Reuters Market Data System (RMDS), or its application programming interfaces (APIs) directly. This allows BSE clients to build proprietary trading applications.
“The introduction of Low-Latency Feed by BSE is significant considering the fact that SEBI has permitted DMA to institutions across the globe through BSE member brokers. Moreover, the Indian economy is projected to grow at a rate of over 7 percent, even during the current crisis, and the interest in Indian stocks among global institutions has sustained reasonably and from this perspective, the Thomson Reuters solution comes at an opportune time,” says Mahesh Soneji, officiating managing director and CEO of BSE.
Source: Waters, 24.03.2009
Filed under: Data Management, Exchanges, India, Market Data, News, Trading Technology, Asia, BSE Bombay Stock Exchange, Data Vendors, DMA Direct Market Access, Exchanges, India, Low Latency, Market Data, Mumbai, Reuters Thomson, SEBI Securities Exchange Board of India
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