Transaction Network Services (TNS) has announced the expansion of its market data services to include support for the Long-Term Stock Exchange’s (LTSE) latest range of MEMOIR market data feeds. The move will allow traders to take advantage of TNS’ ultra-low latency infrastructure for global order routing and seamless access to LTSE’s comprehensive multicast market data.
This development includes three new data feeds—Depth, Last Sale, and Top of Book—available via the proprietary MEMOIR (Member’s Exchange Order Information Record) protocol, which was originally developed by MEMX. With MEMOIR now integrated into LTSE’s trading system, TNS aims to enhance the trading experience by offering cost-effective access to this advanced technology.
TNS provides a robust network that enables traders to access real-time information from all US equity exchanges, including LTSE’s new market data. The company, which operates an extensive point-of-presence footprint globally, helps traders manage complex exchange requirements with ease, allowing them to concentrate on core trading activities.
Speaking on the expansion, Tom Lazenga, General Manager of TNS Financial Markets, said: “We are delighted to extend our offerings to cover LTSE’s Depth, Last Sale, and Top of Book feeds. TNS enables cost-effective access for the LTSE trading community, helping them to make the most of this high-speed, low-latency data.”
Advanced Infrastructure for Modern Trading
TNS’ Infrastructure-as-a-Service (IaaS) portfolio is engineered to meet the demands of financial market participants across the globe. The company’s solutions, which include connectivity, colocation, cloud services, market data, and VPN, are designed to support traders by simplifying the complexities of modern market infrastructure.
TNS’ global presence includes 125 points of presence (PoP) across key financial hubs, ensuring secure and reliable access to markets. Their network infrastructure is monitored around the clock by dedicated Network Operations Centres in the US, Europe, and the Asia Pacific region. This ensures the highest levels of performance and reliability for TNS customers.
The inclusion of LTSE’s new MEMOIR feeds means traders can now receive and act on crucial market data in real time, using a system that prioritises the needs of long-term investors. The LTSE, founded to support companies and investors with a longer-term view of corporate growth and shareholder value, has been building its reputation as a unique alternative to traditional exchanges.
The integration of MEMOIR with TNS’ infrastructure is seen as a significant development for traders using the LTSE, offering them a competitive edge with faster, more accurate data. With the financial markets becoming ever more complex and demanding, TNS’ advanced infrastructure plays a vital role in helping traders manage these challenges efficiently.
TNS offers more than just connectivity. By providing access to a range of financial services solutions within its IaaS portfolio, the company aims to deliver a comprehensive approach that simplifies trading for its clients. TNS’ services are expected to enhance the market data landscape for LTSE traders, offering secure, ultra-low latency options for modern financial market operations.
For more details, visit tnsi.com/solutions/financial.
