Iress, the financial software company, has developed a new feed handler for pan-European retail exchange Equiduct’s Volume-weighted Best Bid and Offer (VBBO) market data feed, which will act as an alternative feed from traditional exchanges and consolidate 15 European markets, including Equiduct’s own central limit order book.
The new solution will be available with Iress’s QuantFeed and ConsolidatedFeed market data solutions and will provide pre-trade, real-time transparency for best execution services. The new feed-handler for VBBO was launched for end clients at the beginning of March 2023. Iress and Equiduct plan to co-promote the new solution to retail banks and retail brokerages across the UK and Continental Europe in the coming months.
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