CFN Services has augmented its recently-released Alpha Platform with the addition of market data from the Chicago Mercantile Exchange and elementised news from Selerity. Alpha is CFN's managed service, providing ready access to market data, news and transactional services from a number of access points globally.
CME data will be delivered in a roundtrip time of 14.6 ms (which means CFN is leveraging Spread Networks' connectivity) from 350 East Cermak in Chicago to NJ data centres hosting Bats Trading, Direct Edge, Nasdaq and a NYSE Euronext SFTI access point. The target market being trading firms looking to implement strategies covering both cash equities markets and futures/indices.
Selerity's news services - allowing firms to trade on news as it happens, before it moves the markets - will be available to trading firms not located in Equinix's data centres in London, the NYC metro area and Frankfurt, where they are currently hosted. The Alpha platform provides low-latency access to additional London/NYC area data centres, as well as to Toronto, Tokyo and Brazil.