Hyperfeed acquires Focus Technology Group

Hyperfeed acquires Focus Technology Group

US market data technology vendor HyperFeed Technologies has acquired Focus Technology Group, a developer of order routing technology, for an undisclosed sum.

Hyperfeed says Focus Technology's SORTT broker-neutral order routing technology improves direct access trading by scanning providers of liquidity for both the fastest possible execution and price improvement.

The vendor says it will add the SORTT product to its ticker plant technology HTPX to provide customers with application-independent utilities that power front- and back-office trade decision systems.

Paul Pluschkell, CEO of HyperFeed, says: "We now have the ability to offer our clients high performance direct market access for both data and smart order routing.

"By combining direct exchange data with smart order routing, customers achieve price improvement over routed solutions utilising disparate systems and pre-determined execution destinations."

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