Market data vendor, Thomson Reuters has signed up the Singapore Exchange (SGX) to its global portfolio of low-latency direct exchange interfaces.
By using the Thomson Reuters Application Programming Interfaces and unified market data symbology, SGX clients can build proprietary trading applications that can gauge the level of activity for individual stocks through real-time analysis of the number of shares available at each buy and sell price levels.
Peter Reilly, head of real-time enterprise information, Thomson Reuters Asia, said in a statement: “By bringing the first fully managed ultra-low latency direct feed for SGX-listed equities to the market, Thomson Reuters is reinforcing the increasingly important role Singapore has to play in the Asia and global algorithmic trading space, across both the sell-side and increasingly the buy-side.”