The Pacific Exchange (PCX) is to deploy Sector Data's real time market data application SectorEngine and equity research service SectorBass to all 25 trading pits on its San Francisco options floor.
Sector Data says the systems form an integrated market data and research platform that can be used to identify and track investment opportunities, hone comparative valuations and add value to fundamental and market data feeds.
The solutions also provide real-time quotes, charts, sector and option analytics and screening. Subscribers include traders, analysts, fund managers, and other investment professionals.
Peter Armstrong, PCX senior vice president, options operations comments: "Its (SectorEngine's) centrally hosted back-end and pure Java front-end meet our high performance requirements while significantly reducing our total cost of ownership. And the integrated SectorBase research capabilities make it a comprehensive and time-saving package."