Real-Time – Ultra Direct

Ultra-low latency is critical when trading opportunities appear and disappear in microseconds – but speed alone isn’t enough. In fast-moving electronic markets, every step of data processing impacts execution. Inconsistent data, fragmented feeds, and latency spikes can affect decisions when they matter most.

Real-Time – Ultra Direct is purpose-built for these environments, providing ultra-low latency feed handlers that enable direct access to exchange-native feeds.

Engineered for time-sensitive use cases, Real-Time – Ultra Direct delivers single-digit microsecond processing while giving firms full control over data capture and processing.

Supporting more than 250 exchanges and over 400 feeds across asset classes, it enables firms to build and scale low latency market data infrastructure using high-fidelity exchange data delivered through a single feed handler framework.

Bringing together raw and normalised data, packet capture, and book-building in one integrated solution, Real-Time – Ultra Direct provides sharper visibility and more precise responses to market events.

Built-in monitoring, exchange recovery, and A/B arbitration support data accuracy, resilience, and determinism in live production environments.

Firms can capture and process both real-time and historical PCAP data in a unified environment, or integrate with Tick History – PCAP, delivered on premises, via cloud, or through LSEG as a hosted service.

For firms that prioritise simplified integration and managed delivery, we also offer LSEG Real-Time – Direct which provides enriched, full-depth market data through a fully managed service – reducing the complexity of building and maintaining direct feeds.

• Algorithmic and high-frequency trading: Deploy ultra-low latency market data to support time-sensitive strategies operating at the edge of electronic trading.
• Market making and pricing models: Process exchange-native data with precision to support quoting behaviour and fair value estimation in dynamic markets.
• Execution modelling and optimisation: Refine smart order routing and venue selection using deterministic, low latency data processing.
• Backtesting and pre-trade analytics: Leverage tick-by-tick and PCAP data to build and validate trading strategies with full control over data capture and replay.
• Direct market access (DMA) trading: Enable greater transparency and precise pricing through direct access to exchange-native market data.
• Market data infrastructure: Build scalable, low latency market data infrastructure that distributes exchange-native or normalised market data across multiple trading and analytics applications.