HORIZON FEED NETWORK · FOR PROVIDERS

Publish your feed.
Reach traders who pay for quality.

Horizon distributes market-data feeds to institutional desks and an active retail trading community. Bring your feed onto the network — we measure it transparently, list it in front of subscribers, and share revenue on every one you win. No gatekeeping if the quality is real.

Institutional + retail reach
Revenue share
Admin-reviewed

Apply to publish your feed →Provider login

✓Reviewed for signal quality before listing — no cost to apply, no exclusivity required.

Live desks

Institutional + retail subscribers on the network

5 tiers

Capability-graded distribution, L1–L5

Same

One benchmark, run the same way for every feed

Measured

Latency & gaps by Horizon, not self-reported — Measured Fri 14 Aug 2026, 11:57–21:00 UTC (9 market-open hours, XAUUSD)

Reach that pays

Your feed goes in front of institutional desks and an active retail trading community already inside Horizon — demand that’s hard to build alone.

Measured, not claimed

Tick rate and gaps are measured by Horizon and scored the same way for every feed in our Feed Comparison — your quality speaks for itself, no invented vendor numbers. Those scores come from a benchmark run, not a continuous monitor: Measured Fri 14 Aug 2026, 11:57–21:00 UTC (9 market-open hours, XAUUSD).

Revenue on every subscriber

Earn a transparent share on each trader who subscribes to your tiers. Payouts, statements, and platform-fee breakdowns live in your panel — reconcilable, every cycle.

No gatekeeping

We don’t play favorites. If your feed is genuinely fast and clean, it lists — capability tier is set by the measurement, not by who you know.

Reviewed onboarding

Every feed is admin-reviewed before it lists — a quality bar that protects the network’s reputation, and yours, from noisy signals sitting next to real ones.

Self-serve panel

Publish tiers, set trial rules, watch live feed health, and pull statements — all from a provider console. You run your offering; the admin only steps in as an exception.

How we measure

Six London feeds, side by side.

1 clock
One machine, one clock
One machine in a London data centre records every feed at the same time, stamping each price update with its own clock — so we can say which feed showed a price first.
100 pts
One score
Speed (0–45) + Consistency (0–35) + Stream quality (0–20).
15 pairs
Head to head
Black showed the new price first on 89% of moves against London Alpha, 91% against London Ultra and 98% against each of the LD feeds. London Alpha against London Ultra was close to even (54% / 46%).
>500 ms
Stalls and long gaps
A stall is a gap of more than 500 ms between updates; we also score the 99th-percentile gap. London Alpha: 695 ms with 2.0% stalls. LD Gamma 19 and LD Delta 18: 1,484 ms with about 9.9% stalls.
Next run
Packet capture
From the next run onward, a network packet capture runs next to the recording. None was taken for the 14 Aug run: its figures come from software timestamps only.

Updates per hour (context, not a score input)Price updates recorded from each feed, per UTC hour

Black
London Alpha
London Ultra
LD Beta 56
LD Gamma 19
LD Delta 18

30k

60k

90k

120k

11:0014:0017:0020:00

The 11:00 hour covers 11:57–12:00 only. Black was recorded from 12:41.

Show the numbers

UTC	Black	London Alpha	London Ultra	LD Beta 56	LD Gamma 19	LD Delta 18
11:00	0	1,221	1,465	882	550	553
12:00	20,234	75,933	64,683	42,965	22,969	23,022
13:00	98,234	103,944	89,890	58,156	27,248	27,252
14:00	79,380	83,421	72,679	48,722	22,208	22,220
15:00	72,238	75,687	67,368	46,419	23,484	23,496
16:00	41,872	43,593	38,497	28,351	16,990	16,971
17:00	37,828	39,190	35,386	26,646	16,961	16,955
18:00	31,561	32,796	28,837	21,739	14,496	14,528
19:00	27,175	28,330	25,449	19,067	12,312	12,324
20:00	14,843	15,381	13,166	10,135	7,513	7,508

Gaps between updatesShare of each feed’s gaps by length, log scale

Black
London Alpha
London Ultra
LD Beta 56
LD Gamma 19
LD Delta 18

12%

500 ms stall

0.11101001k10k

Gap between updates, ms. A gap over 500 ms counts as a stall.

Feed	p50 gap	p99 gap	Stalls
Black	13.0 ms	742 ms	2.2%
London Alpha	11.3 ms	695 ms	2.0%
London Ultra	12.1 ms	762 ms	2.4%
LD Beta 56	31.9 ms	898 ms	3.4%
LD Gamma 19	78.9 ms	1,484 ms	9.9%
LD Delta 18	78.9 ms	1,484 ms	9.9%

Spread shown (context, not a score input)XAUUSD spread, USD per oz: dot p50, bar to p95, line to p99

Black0.15 · 0.16 · 0.19
London Alpha0.15 · 0.16 · 0.20
London Ultra0.15 · 0.16 · 0.19
LD Beta 560.15 · 0.16 · 0.17
LD Gamma 190.15 · 0.16 · 0.19
LD Delta 180.15 · 0.16 · 0.19

0.140.160.180.20

Values per row: p50 · p95 · p99, rounded to 2 dp.

Head to headShare of matched price moves each feed showed first (moves both feeds showed within 100 ms)

Black vs London Alpha89% / 11%
Black vs London Ultra91% / 9%
Black vs LD Beta 5698% / 2%
Black vs LD Gamma 1998% / 2%
Black vs LD Delta 1898% / 2%
London Alpha vs London Ultra54% / 46%

The tick marks 50%. Percentages as published in the method post.

One run: Fri 14 Aug 2026, 11:57–21:00 UTC, XAUUSD, one machine in London. Scores are relative to that run. Being first is not the same as being right, and none of this is a latency guarantee.

How we measure →Full method →

How it works

From application to first payout.

Four steps. You keep control of your tiers, pricing, and trial rules — Horizon handles distribution, measurement, and billing.

Apply

Tell us about your feed — venues, protocol, coverage. No cost, no exclusivity.

Reviewed & measured

We benchmark latency and gaps, then set a capability tier from the data.

Publish your tiers

Go live in the provider panel — name your tiers, set trial rules, list to subscribers.

Earn on subscribers

Revenue share on every subscription, with statements and payouts each cycle.

Start your application →Integration docs

Have a feed worth distributing?

Bring it onto the Horizon network. We’ll measure it honestly, put it in front of subscribers who pay for quality, and share the revenue you earn.