Interactive Data’s Consolidated Feed Powers Tradelegs’ Strategy Optimization Platform

NEW YORK - June 25, 2015 - PRLog -- New York, June 25, 2015–Interactive Data, a leading provider of trusted information for over 10 million financial instruments, today announced that its Consolidated Feed will power Tradelegs’ advanced decision-support software, which is designed to help portfolio managers construct and optimize their trading strategies.

Interactive Data’s Consolidated Feed provides equities, options, futures, exchange traded funds (ETFs) and ETF options data for more than 150 exchanges and 110 contributors of OTC data, including multi-asset class instrument coverage and extensive Level 2 data. The Consolidated Feed is also available via Interactive Data’s 7ticks network, which provides direct connectivity to more than 50 global futures and options, equities and FX exchanges and trading venues for multi-asset class and ultra-low latency trading.

The combination of reliable market data and Tradelegs’ optimization technology helps users structure custom strategies around a Portfolio Manager’s forecasted price movements and hedge downside risk on existing positions and portfolios. Tradelegs is working closely with multiple exchanges, including the Chicago Board Options Exchange (CBOE) and is adding CBOE index options.

"When our clients seek to structure custom, single-stock and portfolio strategies, access to consolidated data is essential. Interactive Data’s Consolidated Feed was our preferred choice for this type of data," says Gideon Agar, CEO of Tradelegs.

"The ability to access data in real-time is critical for clients who wish to conduct portfolio and trading analyses that are responsive to intra-day movements," says Shai Popat, ‎Director, Global Business Manager, Content & Real-Time Feeds at Interactive Data. “The combination of our Consolidated Feed with Tradelegs’ platform means that they now can," he added.

About Interactive Data Corporation

Interactive Data Corporation is a trusted leader in financial information. Thousands of financial institutions and active traders, as well as hundreds of software and service providers, subscribe to our fixed income evaluations, reference data, real-time market data, trading infrastructure services, fixed income analytics, desktop solutions and web-based solutions. Interactive Data's offerings support clients around the world with mission-critical functions, including portfolio valuation, regulatory compliance, risk management, electronic trading and wealth management. Interactive Data has over 2,500 employees in offices worldwide.

About Tradelegs

Tradelegs provides a suite of software tools and advisory services that enable portfolio managers, risk managers, analysts and traders to structure custom options strategies specific to their investment objectives. Using Tradelegs patent-pending technology, a new class of institutional investor is empowered to deploy strategies that express their fundamental view,as they seek to maximize their expected profit and meet their capital and risk constraints throughout the trade lifetime. For more information visittradelegs.com (http://www.tradelegs.com)