Sources: Thomson to Buy Into Low Latency

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Thomson Financial is looking to enter the low-latency and direct datafeed business by buying a company that can give it the capabilities to exploit this growing market without having to develop the technology in-house, sources tell Inside Market Data.

Industry sources say Thomson is interested in a vendor that will give it the ability to provide a competitive low-latency offering with minimal time-to-market, possibly combining ticker plant or data distribution platform technology, feed handle

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