Thomson Closes in on Low-Latency Space

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Thomson Financial is readying a play to enter the low-latency market data provider space, though sources are at odds as to whether a deal has already been done to give the vendor access to the low-latency technology required.

The vendor is said to have held discussions with all the low-latency feed handler and ticker plant providers over the past two years in a bid to buy its way into the market, and has also funded an in-house effort working on a dedicated real-time datafeed (IMD, May 15, 20