The current LMIL data distribution system is only operational from 06:30 to 22:00 GMT and is not operational on some UK public holidays. In addition there are bandwidth limitations and restrictions on the number of real-time indices that can be disseminated via LMIL.
FTSE Global Distribution Service will facilitate distribution of our products via the major cities around the world, covering all of the major markets (500 cities in over 120 countries).
The system will extend the operative hours so the real-time distribution of FTSE indices will be available around the clock in all financial markets worldwide.
The new system will also remove the current bandwidth limitations of LMIL.
The expanded global reach and 24x7 distribution capabilities across all major regions.
FTSE will be able to provide our international clients with a superior level of customer service. Clients will be able to access and receive FTSE real-time data around the clock.
No capacity constraints restricting the introduction of new real-time indices.
Access to multiple financial market service providers and 7,500 members (data consumers) through a single network connection.
The network provides a faster time-to-market for new services.
Access to over 100 financial market service providers and 9000 members (data consumers) through your single RadianzNet connection.
RadianzNet provides a faster time-to-market for new services.
Clients will be able to access FTSE's real-time indices in all markets at any time throughout the trading day.
The new FTSE Global Distribution Service provides 24x7 Help Desk services around the globe.
Flexibility with protocols on offer including the availability of XML to assist with client integration.
FTSE have selected Radianz's leading global financial extranet, RadianzNet, to provide the Internet Protocol (IP) network connectivity for the FTSE Global Distribution Service.
Radianz is the world's largest global financial extranet. They currently have 7,500 members (expected to rise to 12,000 this year), encompassing brokers, dealers, traders, institutions, investment banks, asset and fund managers, and sales people. These members receive data from around 90 data providers using the RadianzNet extranet.
The FTSE Global Distribution Service delivered over RadianzNet will replace distribution over the existing LMIL system, which will cease to disseminate FTSE real-time indices on 7th May 2004
All data vendors, distributors and clients of FTSE data are invited to connect directly to the FTSE Global Distribution Service via RadianzNet. Please contact ian.lauder@btradianz.com for further information on Radianz.
The FTSE Global Distribution Service will carry all real-time FTSE indices.
All data vendors and distributors of FTSE Index Data, currently receiving data via LMIL, in all markets.
All data vendors and distributors may choose to obtain a real-time or delayed data feed directly from the FTSE Global Distribution Service.
All data vendors and distributors may choose to obtain a real-time or delayed data feed via a Licensed Market Data Vendor or Sub Vendor.
LMIL distribution system will cease distribution of FTSE data on the 7th of May 2004.
If you have any questions about the FTSE Global Distribution Service please e-mail us at gdsdata@ftse.com.
