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Any idea, how frequently the market data changes for currency feeds?

I came across a article where it mentions Reuters have an update on API where it changes the currency feeds every 100 ms it was in 2016.

Any idea how frequently it changes the feeds in 2018..

elektronrefinitiv-realtimeelektron-sdkapijava
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Hi @pankaj.singh For a real time feed, update rate is solely dependent on the market. Some sparsely traded instruments may only get few updates in the whole day, while active instruments might get few thousand updates in a second - depending on how frequently market is pricing them. Currencies are no different.

Elektron also offers an option to get conflated data - where the update rate is predetermined at a reduced rate for applications that do not have a tick by tick requirements. Typically this conflation is set to 300 ms for quotes and no conflation on trade messages. Market data system has to be configured to provide this conflation service; its not available by default.

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Hi Gurpreet your answer has really been helpfull for me. On you last point..

Typically this conflation is set to 300 ms for quotes and no conflation on trade messages. Could you please provide me a ref how it can be set for example if i want to set it 10/50 ms. how it can be done?

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Hi Gurpreet your answer has really been helpfull for me. On you last point..

Typically this conflation is set to 300 ms for quotes and no conflation on trade messages. Could you please provide me a ref how it can be set for example if i want to set it 10/50 ms. how it can be done?

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@pankaj.singh The market data conflation cannot be set by API developer. It has to be done by market data administrator, and is usually provided as a separate service, apart from the real time service.

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market data administrator means someone from Reuters? or from client side who has access to admin accounts?

Thanks in advance for your answers it has really been helpful

It depends on where you are connecting to. For clients having in house Thomson Reuters Enterprise Platform (TREP) installation, it is the TREP administrator.

Once again thanks. Apologize in advance for so many questions. What if we don't have Enterprise TREP installation within an organization.

To get the feeds is it must to install TREP with in an organization?

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