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Fixnetix live with 4th Story market data diagnostics

24 November 2008  |  1482 views  |  0 Source: 4th Story

4th Story announced today that Fixnetix, a leading provider of ultra low latency market data, has gone live on 4S.Cascades, its market data feed diagnostic product.

Comparing two or more feeds in real time, 4S.Cascades provides key metrics, including relative latency and conflation in multiple tabular and graphical formats.

"4S.Cascades gives us a highly intuitive real-time graphical view of the quality of our feeds. They've done a great job with this product and it has been a very welcome addition to our monitoring tools," said Paul Ellis, COO of Fixnetix.

As part of the implementation, 4th Story integrated Fixnetix's low latency feeds into its algorithmic trading suite, which includes 4S.EvergladesTM for real-time automated trading strategy operation and the 4S.Blue RidgeTM FIX compliant algo trading server.

"We are very pleased to have Fixnetix as both a customer and partner," said Steve Smith, CEO of 4th Story. "They understand what is important to the algorithmic trading community. Together, we are able to offer this community a best of breed solution of market data, software and services."

4S.Cascades allows two or more feeds to be compared side by side, graphically displaying the value, count and timing of ticks received from each feed for conflation and latency analysis. All ticks can be persisted for future analysis and the measurements are user configurable for flexibility.

 

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