NYSE Integrated Feed (Examples)
The NYSE Integrated Feed is the New York Stock Exchange's premium market data product that provides real-time order-by-order information, full depth of book data, and comprehensive market state information. It offers the most granular view of NYSE market activity with minimal latency.
Key features of NYSE Integrated Feed
The NYSE Integrated Feed delivers comprehensive market data through a binary protocol optimized for low latency. Key features include:
- Complete order-by-order detail
- Full depth of book visibility
- Trade execution data
- Market state information
- Security status updates
- Market imbalance data
- Opening/closing auction information
Market data content
The feed provides detailed market depth information through multiple message types:
Technical implementation
The feed utilizes a binary protocol for efficient data transmission and processing. Key technical aspects include:
- UDP multicast distribution
- Binary message format
- Message sequence numbering
- Heartbeat messages
- Retransmission capability
- Latency optimized architecture
Next generation time-series database
QuestDB is an open-source time-series database optimized for market and heavy industry data. Built from scratch in Java and C++, it offers high-throughput ingestion and fast SQL queries with time-series extensions.
Integration considerations
When implementing the NYSE Integrated Feed, firms must consider:
Infrastructure requirements
- High-bandwidth network capacity
- Specialized market data feed handlers
- Low-latency processing capabilities
- Redundant connectivity
Processing capabilities
- Message normalization
- Order book reconstruction
- Real-time analytics
- Real-time market data processing
Market applications
The NYSE Integrated Feed serves various market participants:
- High-frequency trading systems
- Algorithmic trading platforms
- Market making operations
- Risk management systems
- Market surveillance systems
- Trading analytics platforms
Relationship to other NYSE feeds
The NYSE Integrated Feed is part of NYSE's market data product suite, which includes:
Regulatory considerations
The feed's distribution and usage are governed by various regulations:
- Rule 603 compliance requirements
- Market data entitlements
- Fair access provisions
- Timestamp granularity requirements
The NYSE Integrated Feed represents the exchange's most comprehensive market data offering, providing crucial information for sophisticated trading operations and market analysis.