Activ Financial opens Seoul data centre

Source: Activ Financial

Activ Financial, a leading global provider of fully managed low-latency market data solutions, today announced the launch of a new data center providing global and local support to power automated, algorithmic and high-frequency trading in the Korean marketplace.

Driven by customer demand and the trading needs of an underserved market, ACTIV's Seoul-based data center pulls in global market data feeds and provides an on-site ticker plant with direct access to Korean exchanges, together with co-located hosting capabilities to deliver ultra-fast data to ACTIV's global customers.

As one of the world's largest futures trading "hotspots" by contract volume, the Korean marketplace is challenging legacy architectures to keep up with the new market reality of high-performance trading even though cost-of-entry can be prohibitive. From its new Seoul data center ACTIV now offers:

  • ActivFeed Direct -- a hosted direct feed solution for co-located trading applications, providing customers with the low-latency market data and exchange proximity required to compete successfully
  • ActivFeed -- bandwidth-efficient, highly reliable consolidated multicast feeds that deliver Korean data outbound to offshore institutions via ACTIV's regional and global POPs, and global market data inbound for Korean-based institutions requiring pan-Asian, U.S. and European market data in Korea

Since launching the data center, several firms have already signed on to leverage both ACTIV's fully managed hosted offering, and for delivery of Korean data to their own facilities.

"As global marketplaces become more competitive, ACTIV is supporting regional exchanges entering the field," said Steve McNeany, CEO of ACTIV Financial. "For example, we were one of the first vendors to enable low-latency inter-market trading with BM&F Bovespa, and we continue to expand our geographic reach to ensure our customers benefit from fast access to global market data."

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