SunGard integrates algo trading systems with QuantHouse data feeds

Source: SunGard

SunGard has integrated its smart order routing and algorithmic trading solutions, GL Stream and GL Tactics, with market data feeds from QuantHouse, a leading provider of ultra low latency market data technologies.

SunGard customers using the solutions will be able to select data feeds from either SunGard or QuantHouse, according to speed, content, resiliency and stability, helping them to choose the right feed for a specific time and goal. The integration is part of SunGard's multiple market data vendor strategy, designed to help improve the support for customers in algorithmic trading, high frequency trading or multi-venue environments.

Pierre Feligioni, general manager and co-founder of QuantHouse, said, "The need for fast market data flows has become paramount with the development of algorithmic trading and high frequency trading. Brokers are searching for solutions to improve their market data capture and order routing performance. SunGard's trading customers will be able to benefit from QuantHouse market data co-location offering to help improve market data capture and SunGard's smart order routing capacity."

Yassine Brahim, president of SunGard's global trading business, said, "Algorithmic trading systems need to process a lot of market data, both in throughput and real-time, to support brokers' execution strategies. The resiliency of the market data delivery is important to help brokers deploy algorithms. With its algorithmic trading solutions now available on both GL Net and QuantHouse market data feeds, SunGard is helping its customers increase the sourcing, performance and resiliency of their market data feeds."

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