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Market Data Publisher

Unified feed handler system for real-time market data distribution

High-performance market data processing engine that ingests, normalizes, and distributes real-time market data from multiple exchanges and venues. Built for ultra-low latency environments with comprehensive data type support and intelligent distribution mechanisms.

Key Features

Comprehensive capabilities designed for high-performance trading environments

Multi-Source Feed Handling

Unified ingestion from 50+ exchanges and market data providers with protocol-specific adapters for FIX, FAST, binary, and proprietary formats.

Real-Time Data Processing

Sub-microsecond data processing pipeline with intelligent filtering, normalization, and enrichment capabilities for all market data types.

Intelligent Distribution

Smart routing and distribution engine with configurable subscription management, conflation, and bandwidth optimization.

Data Type Support

Complete support for Level 1/2/3 market data, trades, quotes, order book updates, reference data, and custom instrument definitions.

High-Frequency Streaming

Optimized for high-frequency environments with burst handling up to 10M+ messages per second and adaptive rate limiting.

Quality Assurance

Built-in data validation, gap detection, sequence monitoring, and automatic recovery mechanisms with comprehensive audit trails.

Performance Metrics

Industry-leading performance benchmarks and capabilities

10M+
Processing Throughput
Messages per second
<500ns
Distribution Latency
End-to-end processing
50+
Supported Venues
Global exchanges
15+
Data Types
Market data formats

Technical Specifications

Detailed technical capabilities and supported data formats

Supported Data Types

  • • Level 1 Market Data (BBO, Last Trade)
  • • Level 2 Market Data (Order Book Depth)
  • • Level 3 Market Data (Full Order Book)
  • • Trade and Quote Data
  • • Time & Sales Data
  • • Reference Data & Symbology
  • • Corporate Actions & Adjustments
  • • Index & Calculated Values
  • • Options Chain Data
  • • Futures & Derivatives Data
  • • News & Analytics Feeds
  • • Custom Instrument Definitions

Performance Metrics

Peak Message Rate:10M+ msg/sec
Processing Latency:<~500 nanoseconds
Distribution Latency:<1 microsecond
Memory Footprint:<2GB per feed
CPU Utilization:<15% per core
Uptime SLA:99.99%

Feed Handler Architecture

Scalable, fault-tolerant architecture designed for mission-critical trading environments

Data Ingestion Layer

Multi-protocol adapters with automatic failover, gap detection, and recovery mechanisms

Processing Engine

Lock-free processing pipeline with intelligent filtering, normalization, and enrichment

Distribution Layer

Smart routing with subscription management, conflation, and bandwidth optimization

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